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2) You are given the following information for CareMed Corp.: 2020 FCFE $8,000,000 FCFE growth, 2021 - 2024 6.6% Constant growth in FCFE beyond 2024

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2) You are given the following information for CareMed Corp.: 2020 FCFE $8,000,000 FCFE growth, 2021 - 2024 6.6% Constant growth in FCFE beyond 2024 5.0% First dividend expected in year-end 2022 $2.25 Growth in dividend in 2023 and 2024 9% Constant growth in dividend beyond 2024 8.6% Shares outstanding 1,500,000 Beta coefficient 1.5 Risk-free rate 3.0% Rate of return on the Market Portfolio 8.0% a) What is the appropriate discount rate for CareMed's stock? b) What is the intrinsic value of CareMed's stock as of year-end 2020 using the FCFE method? c) What is the intrinsic value of CareMed's stock as of year-end 2020 using the Discounted Dividend m

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