Question: Please use Excel to solve this question with steps. Thanks. 10. 10 Points - Stocks -- DDM The Ramirez Company's last dividend was $1.75 (Do).
Please use Excel to solve this question with steps. Thanks.

10. 10 Points - Stocks -- DDM The Ramirez Company's last dividend was $1.75 (Do). Its dividend growth rate is expected to be constant at 25% 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
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