Acompany has just paid a dividend of $ 2 per share, d0=$ 2 . it is estimated that the company's dividend will grow at a rate of 16 % percent per year for the next 2 years, then the dividend will grow at a constant rate of 7 % thereafter. the company's stock has a beta equal to 1.4, the risk-free rate is 4.5 percent, and the market risk premium is 4 percent. what is your estimate of the stock's current price? round your answer to two decimal places.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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