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1) Jia Inc. common stock paid a dividend of S4 per share just yesterday. These dividends are expected to decline at a constant rate of

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1) Jia Inc. common stock paid a dividend of S4 per share just yesterday. These dividends are expected to decline at a constant rate of 2% per year indefinitely. The required rate of return on the stock is 79% a) What is the intrinsic value of the Jia stock today? b) If the stock trades in the market at $44.70 today, would you buy the stock today? Provide a brief explanation for your answer. c) If the stock trades in the market at $44.70 today, what is the expected rate of return from the stock

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