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A stock paid a dividend this year of $1.25.Dividends are expected to grow at a rate of 15% over the next 4 years, then slow
A stock paid a dividend this year of $1.25.Dividends are expected to grow at a rate of 15% over the next 4 years, then slow to 5% thereafter.
If the required rate of return is 9%, what is the intrinsic value of the stock?
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