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Stock A just paid an annual dividend of $8 with an expected growth rate of 2%. Also, stock A has a beta of 0.7. If
Stock A just paid an annual dividend of $8 with an expected growth rate of 2%. Also, stock A has a beta of 0.7. If the risk-free rate is 3% and the expected return on the market portfolio is 7%, what is the intrinsic value of stock A
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