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Ielissa Cutt is thinking about buying some shares of EZLawn Equipment, at $36.18 per share. She expects the price of the stock to rise to
Ielissa Cutt is thinking about buying some shares of EZLawn Equipment, at $36.18 per share. She expects the price of the stock to rise to $48.15 over the next 3 years. During that time she also expects to ceive annual dividends of $4.77 per share. What is the intrinsic worth of this stock, given a required rate of return of 11% ? What is its expected return
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