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Consider a company whose stock is trading at Ghc120 per share. This company requires a 10% minimum rate of return and will pay a Ghc5

Consider a company whose stock is trading at Ghc120 per share. This company requires a 10% minimum rate of return and will pay a Ghc5 dividend per share next year, which is expected to increase by 7% annually. What is the intrinsic value if this stock? Should it be bought or sold?

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