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. RBC had recently paid a dividend of CAD 3 . 4 1 . If the required rate of return based on risk / cost

. RBC had recently paid a dividend of CAD 3.41.If the required rate of return based on risk/ cost of capital (discount rate) of the stock is 8% and growth of dividend is expected to be at 5%. Find intrinsic value based on the dividend discount model .
Question 2 options:
CAD 119.35
CAD 68.2
CAD 71.61
CAD 113.66

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