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Question 1 (5 points) Saved An investor has examined Sandman Incorporated stock and has predicted dividends for the next 4 quarters. Dividends will be $0.75

Question 1 (5 points) Saved An investor has examined Sandman Incorporated stock and has predicted dividends for the next 4 quarters. Dividends will be $0.75 each quarter. He also thinks he can sell a share of Sandman in one year for $15.00. If the required return to own Sandman is 12% APR, what is the intrinsic value of purchasing this stock today? $15.56 $11.49 $16.12 $15.73 $17.19

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