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Question: orwell building supplies last dividend was 175 its dividend growth...

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Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 10.00% 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. $27.83 b. $33.23 c. $31.88 d. $30.53 e. $29.18

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