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Cope enterprises recently paid a dividend of $1.25. The company expects to grow at a rate of 20% for 2 years before the dividend is
Cope enterprises recently paid a dividend of $1.25. The company expects to grow at a rate of 20% for 2 years before the dividend is expected to grow at a constant rate of 5%. The company's cost of equity is 10%. What is the firm's intrinsic value today?
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