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Super Carpeting Inc. (SCI) just paid a dividend of $6.00 per share today, and its annual dividend is expected to grow at a constant rate

Super Carpeting Inc. (SCI) just paid a dividend of $6.00 per share today, and its annual dividend is expected to grow at a constant rate (g) of 5.00% per year. If the required return on SCIs stock is 12.0%, what is the intrinsic value of SCIs shares? A. $90 B. $80 C. $70 D. $100

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