Question: I need help with this question in 10 min Question 8 (3.25 points) Bird Roofing just paid a dividend of Do-$2.00. Analysts expect the company's
Question 8 (3.25 points) Bird Roofing just paid a dividend of Do-$2.00. Analysts expect the company's dividend to grow by 20% this year, by 15% in Year 2, and at a constant rate of 6% in Year 3 and thereafter. The required return on this stock is 9.00%. What is the best estimate of the stock's current stock price? Do not round intermediate calculations. $82.09 $86.61 $94.69 $90.54
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