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6 points Show your work for credit. Nicholas Inc. just paid a $2.00 dividend on its common stock and expects to continue growing dividends at

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6 points Show your work for credit. Nicholas Inc. just paid a $2.00 dividend on its common stock and expects to continue growing dividends at an average rate of 5% each year, from now to infinity. The required rate of return for this stock is 996 and it is currently selling for $54.50 per share in the market. A. What is the intrinsic value of the stock? B. Should you buy the stock at its current price? Why or why not (use the intrinsic value to justify your answer)? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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