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Caskey Inc. is experiencing a period of growth. Dividends are expected to grow at a rate of 1 2 . 7 5 % for the

Caskey Inc. is experiencing a period of growth. Dividends are expected to grow at a rate of 12.75% for the next two years and 5.81% thereafter. Yesterday the corporation paid a dividend of $1.06. If the required rate of return is 11.03%, what is the intrinsic value of the stock?

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