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Civil Engineering Corporation is expected to pay a dividend of $1.26 in the upcoming year. Dividends are expected to grow at the rate of 6%
Civil Engineering Corporation is expected to pay a dividend of $1.26 in the upcoming year. Dividends are expected to grow at the rate of 6% per year. Investors require a return of 10% for investing in Civil Engineering Corporation based on its market risk. What is the intrinsic value of Civil Engineering's stock?
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