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Stock X's dividends are projected to grow every year at a constant 2% per year. Assume Stock X will live on forever with these ever-growing

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Stock X's dividends are projected to grow every year at a constant 2% per year. Assume Stock X will live on forever with these ever-growing dividends. The cost of equity of Company X is 9% per year. Which of these statements is most accurate regarding the intrinsic value measure of Company X? we should NOT be able to calculate an intrinsic value estimate for Company X because the cost of equity rate is greater than the constant rate at which dividends grow unless we know the beta and risk premium of Company X we cannot say whether an intrinsic value estimate is appropriate unless the dividend growth of Company X slows to zero at some future point it is not possible to calculate an estimate of Company X's intrinsic value we should be able to calculate an intrinsic value estimate for Company X because the cost of equity rate is greater than the constant rate at which dividends grow

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