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A stock just paid a dividend this moming of $1.35. Dividends are expected to grow at 10.00% for the next two years. After year 2,

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A stock just paid a dividend this moming of $1.35. Dividends are expected to grow at 10.00% for the next two years. After year 2, dividends are expected to grow at 8.70% for the following three years. At that point, dividends are expected to grow at a rate of 6.00% forever. If investors require a return of 14.00% to own the stock, what is its intrinsic value? Answer format: Currency Round to. 2 decimal places. An analyst has been following American Dream stock. He projects the following dividends for the next three years The analyst notes that American Dream stock has a required return of 9.76%. The analyst projects that dividends will grow at a constant rate of 5.00% per year after year 3 . What is the projected selling price for the stock at the end of year 3

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