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00 Consider the following: Earnings per share: last year $10.00 Dividends per share: last year $8.00 Estimated earnings per share this year $14.00 Required rate

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00 Consider the following: Earnings per share: last year $10.00 Dividends per share: last year $8.00 Estimated earnings per share this year $14.00 Required rate of return 0.20 Expected sales price at end of year $146 Assuming the same Payout ratio as last year, what is the intrinsic value of stock (PO)

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