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please show work! Nicholas Inc. just paid a $2.00 dividend on its common stock and expects to continue growing dividends at an average rate of

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Nicholas Inc. just paid a $2.00 dividend on its common stock and expects to continue growing dividends at an average rate of 596 each year, from now to infinity. The required rate of return for this stock is 99 and it is currently selling for $54.50 per share in the market. A. What is the intrinsic value of the stock

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