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Investors expect that Amalgamated Aircraft Parts, Inc., will pay a dividend of $1.84 in the coming year. Investors require a rate of return of 13.9%
Investors expect that Amalgamated Aircraft Parts, Inc., will pay a dividend of $1.84 in the coming year. Investors require a rate of return of 13.9% on the company's shares, and they expect dividends to grow at 6.5% per year. Using the dividend valuation model, find the intrinsic value of the company's common shares.
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