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DMCP Inc. will pay no dividend for the next two years. At the end of three years from now it will pay a dividend of

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DMCP Inc. will pay no dividend for the next two years. At the end of three years from now it will pay a dividend of $150. Thereafter dividends will grow at 4% per year. The required rate of return is 10%. The intrinsic value of DMC shares is O A $24.91 O B. $26 00 O C. $20.66 OD. $34.61

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