Answer:
Estimated current stock price is $46.84
Step-by-step explanation:
First we have to find the value of dividend payment 
Given 
Yearly growth rate for next 2 years(
)=38.00%


Growth after two years will 6% indefinitely


Estimate of current stock price is


=$46.84
Estimate of current stock price is =$46.84
2 and 3 are both parallel because both slopes are m=3/5, which equal slopes-parallel lines
40 is your answer. Because, you need the lowest multiple so we have to find it by making out a chart of their multiples
8, 16,24,32,40
10,20,30,40
The first same multiple they make is 40
The bagel shop has the better price because 1 dozen is 12 bagels and if you multiply 0.75 x 12 = 9.00
so the better price is 7.00