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Subject - Financial Management - Introduction to Investment Management. Calculate the intrinsic value of a stock that has paid a dividend this year of $1.00

Subject - Financial Management - Introduction to Investment Management.

Calculate the intrinsic value of a stock that has paid a dividend this year of $1.00 per share and is expected to grow at a rate of 4% per year, if your required rate of return on the investment is 9%. How would you use this information to decide whether to buy the stock or not?

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