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L12 Using the two-stage DDM, what is the intrinsic value of a firm with current dividends of 5.99 per share, a discount rate of 0.11
L12
Using the two-stage DDM, what is the intrinsic value of a firm with current dividends of 5.99 per share, a discount rate of 0.11 , and growth for the first 5 years of 0.175 after which the firm is expected to grow at a rate of 0.06 ? 174.38 169.27 186.85 204.43 194.41 Step by Step Solution
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