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A stock is expected to pay dividends in 9 periods. The first dividend will be $2.25 and subsequent dividends are forecasted to stay constant for

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A stock is expected to pay dividends in 9 periods. The first dividend will be $2.25 and subsequent dividends are forecasted to stay constant for the foreseeable future. If the required return on the stock is 13.0%, what is its current value? Your Answer: Answer You are forecasting a stock to pay the following dividends: $4.70, $7.75, $4. The dividends will then begin declining at a rate of 5.5% for the foreseeable future. What is the intrinsic value of this stock if the required return is 14%? Your

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