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SanData Inc. recently paid its annual dividend of $ 3 . 1 . Dividends have consistently grown at a rate of 6 % . You

SanData Inc. recently paid its annual dividend of $

3.1 .

Dividends have consistently grown at a rate of

6 % .

You estimate that the stock has a required return of

19 % .

What is the intrinsic value of this stock?

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