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The Ramirez Company's last dividend was $ 1 . 5 . Its dividend growth rate is expected to be constant at 2 5 % for

The Ramirez Company's last dividend was $1.5. Its dividend growth rate is expected to be constant at 25% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 11%. What is the best estimate of the current stock price?
$41.58
$42.64
$43.92
$44.80
$45.92
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