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A company ABC currently pays dividends $3.50 per share. The dividends are expected to grow 3% each year from now on. If the risk-free rate

A company ABC currently pays dividends $3.50 per share. The dividends are expected to grow 3% each year from now on. If the risk-free rate is 2%, market risk premium is 3%, and ABC's beta is 1.8, what is the intrinsic value of ABC's share? Use constant-growth Gordon Model.

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