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192 Assume the following for a company 193 Return on equity 194 Retention rate 195 Required rate of return 196 Annual dividend per share 197

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192 Assume the following for a company 193 Return on equity 194 Retention rate 195 Required rate of return 196 Annual dividend per share 197 198 Calculate the implied growth rate 199 Calculate the intrinsic value of this company's stock 18.000% 65.000% 9.875% 5.00 $

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