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Filaska Corp. paid a dividend of $1.65 on its common stock at the end of last year. Dividends are expected to grow at a constant
Filaska Corp. paid a dividend of $1.65 on its common stock at the end of last year. Dividends are expected to grow at a constant rate of 4% in the forseeable future. What is the intrinsic value of the investors' required rate of return is 9%?
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