Question: You have estimated the following future dividend payment schedule for Bittlingmier Corp. Year 1 : $ 0 . 8 0 Year 2 : $ 1

You have estimated the following future dividend payment schedule for Bittlingmier Corp.
Year 1: $0.80
Year 2: $1.00
Year 3: $1.15
After year 3 steady dividend growth of 9%.
The required rate of return for Bittlingmier is 11%. What is your estimate for its current price?

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