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Question 40 (2 points) The Francis Company just paid a dividend of $1.18 and that dividend is expected to grow at a constant rate of

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Question 40 (2 points) The Francis Company just paid a dividend of $1.18 and that dividend is expected to grow at a constant rate of 6.00% per year. The required rate of return on the company's stock is 10.3%. The intrinsic value of the stock is: $30.36 $12.14 $20.85 $29.09

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