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17) Seahawk software just paid a $10 dividend. You expect the company to grow at 30% for two years then 4% forever. You have
17) Seahawk software just paid a $10 dividend. You expect the company to grow at 30% for two years then 4% forever. You have a required return of 12% on the stock. What is the intrinsic value (price) for this stock? (13 points)
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