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  3. orwell building supplies' last dividend was $1.75.

Orwell Building Supplies' last dividend was $1.75. Its dividend growth rate is expected to be...

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Finance

Orwell Building Supplies' last dividend was $1.75. Its dividend growth rate is

expected to be constant at 25% 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?

*****Please show work on EXCEL spreadsheet, please show EXCEL formulas****

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