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Firm Bumblebee just paid a dividend of $ 6 . 0 0 this year, and its dividend is expected to grow at 3 0 %
Firm Bumblebee just paid a dividend of $ this year, and its dividend is expected to grow at for the next year. After you receive all the next year's dividend, you expect to sell the stock at $ immediately. Assume that the discount rate is and dividends are paid quarterly. What is the intrinsic value of the stock?
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