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Suppose a REIT has a dividend of $3.75 and is expected to nicrease by 6% next year. Suppose the required rate of return is 13%.

Suppose a REIT has a dividend of $3.75 and is expected to nicrease by 6% next year. Suppose the required rate of return is 13%. Per Gordons model, what is the intrinsic value of the stock?

		$76.36
		$56.78
		$49.45
		$67.50

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