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Acme Industries' current dividend is $2.The average growth rate for the past twenty years has been steady at 8%, but the consensus of analysts is

  1. Acme Industries' current dividend is $2.The average growth rate for the past twenty years has been steady at 8%, but the consensus of analysts is that the expected growth rate will be 6% going forward.If the required rate of return is16%, what is the intrinsic value of this stock?

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