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5. Sure Tool Company is expected to pay a dividend of $3 in the upcoming year. The risk-free rate of return is 4% and the

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5. Sure Tool Company is expected to pay a dividend of $3 in the upcoming year. The risk-free rate of return is 4% and the expected return on the market portfolio is 14%. Analysts expect the price of Sure Tool Company shares to be $22 a year from now. The beta of Sure Tool Company's stock is 1.25. (1) The market's required rate of return on Sure's stock is (2) What is the intrinsic value of Sure's stock today? (3) If Sure's intrinsic value is $21.00 today, what must be its growth rate

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