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A stocks last dividend was $2.00 per share and the dividends are expected to grow 27% per year for three years. Thereafter, the dividends are
A stocks last dividend was $2.00 per share and the dividends are expected to grow 27% per year for three years. Thereafter, the dividends are expected to grow at a constant rate of 6.5% per year. If investors require a return of 12.0% per year to hold the stock, what is the stocks intrinsic value per share?
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