Question: Given the information below, please estimate the constant growth rate after year 5. Required rate of return on equity: 10% (constant) P 0 = $28

Given the information below, please estimate the constant growth rate after year 5.

Required rate of return on equity: 10% (constant)

P0 = $28

D0=$2

g1=10%

g2=15%

g3=20%

g4=25%

g5=20%

Growth rate after year 5 is expected to be constant forever.

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