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Question9 1 pts Macrotech is expanding rapidly and currently retains all of its earnings and does not pay a dividend.4 years from today,Macrotech plans to

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Question9 1 pts Macrotech is expanding rapidly and currently retains all of its earnings and does not pay a dividend.4 years from today,Macrotech plans to begin paying a dividend of $1 per share and then dividends wil increase at a constant rate of 5% per year. If the required rate of return is 12% then what is the intrinsic value of Macrotech stock today? O $14.29 O$15.00 $10.17 o $8.33

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