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23. Super Growth Company will begin paying a dividend one year from today of $1.00 per share. The following year, they are planning to boost
23. Super Growth Company will begin paying a dividend one year from today of $1.00 per share. The following year, they are planning to boost their dividend to $2.00, and then increase its dividend thereafter at a constant growth rate of 8%. If an investor has a required return of 12%, what is the intrinsic value of the stock today? Make your selection
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