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Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $37.32 per share. She expects the price of the stock to rise to

image text in transcribed Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $37.32 per share. She expects the price of the stock to rise to $44.16 over the next 3 years. During that time she also expects to receive annual dividends of $6.64 per share. a. What is the intrinsic worth of this stock, given a required rate of return of 11% ? b. What is its expected return

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