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Business, 02.04.2020 03:12 evazquez

Ackert company's last dividend was $4.00. the dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0% forever. the firm's required return (rs) is 12.0%. what is the best estimate of the current stock price? do not round intermediate calculations.

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Ackert company's last dividend was $4.00. the dividend growth rate is expected to be constant at 1.5...
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