Module 5-end of chapter assignment chapter 07 Back to Assignment Attempts Score/2 9. Problem 7-09 (Nonconstant Dividend Growth Valuation) eBook Nonconstant Dividend Growth Valuation A company currently pays a dividend of $2.4 per share (Do = $2.4). It is estimated that the company's dividend will grow at a rate of 229 per year fort next 2 years, and then at a constant rate of 5% thereafter. The company's stock has a beta of 1.8, the risk-free rate is 1%, and the market risk premium 39. What is your estimate of the stock's current price? Do not round intermediate calculations. Round your answer to the nearest cent. 5 Save & Continue Continue without saving C SharePoint My files - OneDrive FundEasy Stock pics Pictures OKC Metro Area Di N Bearcat Login Nor CENGAGE MINDTAP Q Search this dule 5-end of chapter assignment chapter 07 k to Assignment Attempts Score / 2 9. Problem 7-09 (Nonconstant Dividend Growth Valuation) ebook Nonconstant Dividend Growth Valuation A company currently pays a dividend of $2.4 per share (Do-$2.4). It is estimated that the company's dividend will grow at a rate of 2296 per year for the next 2 years, and then at a constant rate of 5% thereafter. The company's stock has a beta of 1.8, the risk-free rate is 8%, and the market risk premium 3. What is your estimate of the stock's current price? Do not round intermediate calculations. Round your answer to the nearest cent. Save & Continue Continue without saving MindTap - Cene @ Cold