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DWI has just paid an annual dividend of $1.46 per share, which is expected to grow at 4.92% indefinitely. If your client's required rate of
DWI has just paid an annual dividend of $1.46 per share, which is expected to grow at 4.92% indefinitely. If your client's required rate of return to meet her retirement goals is 9.55%, what is the intrinsic value of the stock using the constant growth dividend discount model
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