Using the constant growth dividend valuation model, calculate the intrinsic value of a stock that pays a

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Using the constant growth dividend valuation model, calculate the intrinsic value of a stock that pays a dividend this year of $2.00 and is expected to grow at 6%. The beta for this stock is 1.5, the risk-free rate of return is 3% and the market return is12%.

a. $20/19:

b. $28:75.

c. $35.33.

d. $48.27.

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