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Big Red Automotive just paid a dividend of $5 this year. If you expect the dividend to increase by 6% annually and similar stocks in

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Big Red Automotive just paid a dividend of $5 this year. If you expect the dividend to increase by 6% annually and similar stocks in the market require a rate of return of 18%. What is the estimated stock intrinsic value? Select one: a. $44.17 b. $43.56 c. $46.28 d. $42.17 Clear my choice

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