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INTC currently pays $ 1 . 4 8 in dividends. You think the company will be able to grow dividends at 9 % a year

INTC currently pays $1.48 in dividends. You think the company will be able to grow dividends at 9% a year forever. If your required rate of return is 11.3%, would you buy the stock at the current price of $58.8 a share?

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