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BAB Corp. currently pays a dividend of $2.00 per share. In addition, BAB's market beta is 1.4 when the risk free rate is 10% and

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BAB Corp. currently pays a dividend of $2.00 per share. In addition, BAB's market beta is 1.4 when the risk free rate is 10% and the expected market risk premium is 5%. Estimate the intrinsic value of BAB Corp. using the dividend discount model assuming that the dividends will be $2.00 for the next 2 years and then will grow at a constant rate of 10%

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