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LA Diversified Inc, recently paid its annual dividend ($3.00). Dividends have consistently grown at a rate of 3.80%. The stock has a beta of 1.29

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LA Diversified Inc, recently paid its annual dividend ($3.00). Dividends have consistently grown at a rate of 3.80%. The stock has a beta of 1.29 . The current risk-free rate is 2.00% and the market risk premium (RM - RF) is 8.00%. Assuming that CAPM holds, what is the intrinsic value of this stock

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