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Problem 31 You have until 10:01 PM to complete this assignment. Intro Pro Build Inc. has had a net income of $16 million in its
Problem 31 You have until 10:01 PM to complete this assignment. Intro Pro Build Inc. has had a net income of $16 million in its most recent year. Net income is expected to grow by 3% per year. The firm always pays out 30% of net income as dividends and has 5 million shares of common stock outstanding. The required return is 11%. Part 1 - Attempt 1/1 for 10 pts. What is the intrinsic value of the stock? H+ decimals Save
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