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Intro Southern Power just paid an annual dividend of $7.3 per share. Because of increasing competition from home solar installations, the dividend is expected to

Intro Southern Power just paid an annual dividend of $7.3 per share. Because of increasing competition from home solar installations, the dividend is expected to shrink by 5% per year. The required rate of return is 8%. Part 1 Attempt 1/10 for 10 pts. What is the intrinsic value of the stock

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