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Due to an extensive investment in research and development, Banana, Inc., recently developed a new wireless communication system that should greatly increase the stock's dividend.
Due to an extensive investment in research and development, Banana, Inc., recently developed a new wireless communication system that should greatly increase the stock's dividend. One analyst believes the current annual dividend of $ will increase by for each of the next three years and then for the foreseeable future. Calculate the intrinsic value per share of the company's stock assuming an investor's required rate of return of
A
$
B
$
C
$
D
$
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