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An investor has studied the financials for Carmelo's Computer Corporation. After careful study, the investor has projected the dividends over the next 5 years, plus
An investor has studied the financials for Carmelo's Computer Corporation. After careful study, the investor has projected the dividends over the next 5 years, plus the selling price at the end of the 5th year: Year 1 2 3 4 5 Dividend $2.00 $2.25 $2.60 $3.00 $3.25 Selling $40.00 Price If the investor would like a 15% annual return, what is the intrinsic value of this stock today? $25.11 $23.56 $25.77 $28.37
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