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Cameron identify a stock trading at $111, and he expect year-end dividends over the next 2 years to be $2 and $4. At the time

Cameron identify a stock trading at $111, and he expect year-end dividends over the next 2 years to be $2 and $4. At the time of your last forecasted dividend (the end of the year 2), he expects the dividends to grow indefinitely at 6%. (a.) What is the intrinsic value of a share? (b.) Should he purchase these shares based on the intrinsic value relative to the current share price? Assume the required rate of return on these shares is 13% given their level of systematic risk.

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