Question: QUESTION 15 10 points Save Answer Find the Value of the Stock with non-constant growth Again Consider the publicly traded firm Gemma Corp. Their last

QUESTION 15 10 points Save Answer Find the Value of the

QUESTION 15 10 points Save Answer Find the Value of the Stock with non-constant growth Again Consider the publicly traded firm Gemma Corp. Their last dividend paid was $1.64. The growth rate is expected to be 8% for the next two years and then 3% forever after that. The firm's required return is 12%. What is the best estimate of the current stock price? Do not round intermediate calculations. And include two decimals in your

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