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Ani Bright analyzes a stock of Common Goods to make a recommendation to her clientsShe estimates that the firm will pay its first dividend of

Ani Bright analyzes a stock of Common Goods to make a recommendation to her clientsShe estimates that the firm will pay its first dividend of $2 three years from today After that dividends are expected to grow at 6% per year indefinitely. The stock's market capitalization rate is 14%She estimates that the intrinsic value of a share today is

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