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The Ramirez Company's last dividend was $1.75. It's dividend growth rate is expected to be consistent at 15% for two years after which dividends are
The Ramirez Company's last dividend was
$1.75. It's dividend growth rate is expected to be consistent at 15% for two years after which dividends are expected to grow at a rate of 6% forever. It's required return is 12%. What is the best estimate of the current stock price?
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
