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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
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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