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An analyst has made the following estimate of Company Z's future dividends. Dividends will be paid at the end of the respective year. At the

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An analyst has made the following estimate of Company Z's future dividends. Dividends will be paid at the end of the respective year. At the end of 2 years, company Z's dividend is expected to grow at a constant rate of 1%. If the required rate of return is 10%, what is the intrinsic value of Company Z's stock's today

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