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Stereotaxis just paid a dividend of $0.58. Their dividends are expected to grow at a rate of 20% next year and 15% the following year.
- Stereotaxis just paid a dividend of $0.58. Their dividends are expected to grow at a rate of 20% next year and 15% the following year. Starting in year three, dividends are expected to grow at 5.6% rate forever. If the required rate of return is 8.3%, what is the intrinsic value of the stock?
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