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2. (Chapter 13) Kirstie is an active mutual fund manager. She uses a delayed dividend discount model to estimate a price target for four stocks

2. (Chapter 13) Kirstie is an active mutual fund manager. She uses a delayed dividend discount model to estimate a price target for four stocks that she does not currently own. Here are the price targets and market prices for each stock: Stock Price Target Market Price AA $130 BB $120 $85 CC $150 $150 $160 $210 If Kirstie buys one of the four stocks for her portfolio, which one should she buy and why? $100 DD

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