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Currently, Vintage Technologies give dividend on equity shares of Rs.5. The company is expected to enjoy an abnormal growth rate of 40% for the next

Currently, Vintage Technologies give dividend on equity shares of Rs.5. The company is expected to enjoy an abnormal growth rate of 40% for the next five years. Thereafter the growth will fall and stabilize at 11%. The equity investors required rate of return of 17% from the company. Find the intrinsic value of the equity share of Vintage Technologies?

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