Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant...
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Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 33.00% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 12%. What is the best estimate of the current stock price? Select the correct answer. Oa. $50.10 O b. $49.12 Oc. $48.63 O d. $49.61 Oe. $48.14 Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 33.00% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 12%. What is the best estimate of the current stock price? Select the correct answer. Oa. $50.10 O b. $49.12 Oc. $48.63 O d. $49.61 Oe. $48.14
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