Business, 14.07.2020 01:01 powellmom5

Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 34.00% 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. a. $49.93 b. $49.39 c. $48.85 d. $47.77 e. $48.31

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Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be consta...

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