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Kingley Corporation is expected to pay a dividend of $2.00 in the upcoming year. Dividends are expected to grow at the rate of 6% per
Kingley Corporation is expected to pay a dividend of $2.00 in the upcoming year. Dividends are expected to grow at the rate of 6% per year. The rate of return on T-billis 4% and the market return is 15%. What is the intrinsic value of the stock if the beta of the stock is 1.2? 27.50
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