Answer:

Step-by-step explanation:
- Let the denominator be x
- So, numerator = x - 2
- According to the given condition: when 1 is subtracted from numerator and denominator both, the resulting new rational number in its simplest form is

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
Step-by-step explanation:
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