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'ou are valuing shares of Dominion Company. The company just paid a dividend of $0.58. Dividends are expected to grow by 20% next year and
'ou are valuing shares of Dominion Company. The company just paid a dividend of $0.58. Dividends are expected to grow by 20% next year and 15% the year after that. From he third year on, dividends are expected to grow at 5.6% forever. If the required rate of return is 8.3%, what is the intrinsic value of the stock? [color1]
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