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SanData Inc. recently paid its annual dividend ($3.00). Dividends have consistently grown at a rate of 3.00%. You estimate that the stock has a required

SanData Inc. recently paid its annual dividend (\$3.00). Dividends have consistently grown at a rate of 3.00%. You estimate that the stock has a required rate of 17.00%. What is the intrinsic value of this stock? $21.60 $22.07 $19.99 $21.01 $23.62

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