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

Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 15.00% 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?

a. $36.89
b. $36.24
c. $38.19
d. $37.54
e. $38.84

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