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Stock B has just paid a dividend of $6 per share, its dividend is expected to grow at 5% indefinitely. Company B is 1.2, risk

  1. Stock B has just paid a dividend of $6 per share, its dividend is expected to grow at 5% indefinitely. Company B is 1.2, risk free rate is 4% and market portfolio expected return is 11%. Stock B intrinsic value is closest to:

    $70

    $76

    $68

    $85

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