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KB is tasked with a company analysis whose dividends he estimates to grow at 20 percent for the next 10 years then leveling off to

KB is tasked with a company analysis whose dividends he estimates to grow at 20 percent for the next 10 years then leveling off to 6 percent thereafter. If the required return is 12.5 percent and the company just paid a dividend of $2.25, what is the intrinsic value of the company?

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