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Hampton Corporation's common stock dividends are expected to grow by 8% per year. Recently, the firm paid a $2.50 common stock dividend. Hampton has a

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Hampton Corporation's common stock dividends are expected to grow by 8% per year. Recently, the firm paid a $2.50 common stock dividend. Hampton has a beta of 1.40. The expected return on the S&P 500 index is 11% and the rate of return on U.S. Treasury securities is 5%. What is the stock's intrinsic value? 542 554 550

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