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Groves, Inc has recently paid an annual dividend of $122. 1.6. Dol, which is expected to srow at a rate of 5 percent each vear,

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Groves, Inc has recently paid an annual dividend of $122. 1.6. Dol, which is expected to srow at a rate of 5 percent each vear, The firm is in a fairly riaky business and has a. beta of 1.45. The return on the marhet is 13.5 percent, and the risk-free rate is 9.3 percent. What is the intrinsic value of Groves' 3 tock? Need MS Excel Spreadsheet? Downlosd Click to open: 51.10 15.45 18.6k $1232

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