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Question 4 1 pts Soul Enterprises recently paid a dividend, Do, of $1. It expects to have non constant growth of 10% for 3 years
Question 4 1 pts Soul Enterprises recently paid a dividend, Do, of $1. It expects to have non constant growth of 10% for 3 years followed by a constant rate of 6% thereafter. The firm's required rate of return is 11%. What is the intrinsic value of the stock today? O $23.58 $26.62 $1.33 O $28.22 Question 5 1 pts Jordan Mining ore reserves are being depleted, its sales are falling, and its costs are rising. The company's earnings and dividends are declining at the constant rate of 3% per year. If the current dividend (Do) is $2 and the required rate of return is 12%, what is the value of Jordan's stock? O $11.73 $22.89 $13.33 O $12.93
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