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T. P Company paid $5 of dividends this year. If its dividends are expected to grow at a rate of 10 percent per year, what

T. P Company paid $5 of dividends this year. If its dividends are expected to grow at a rate of 10 percent per year, what is the intrinsic value for T. P Companys common stock if the required rate of return is 9% and life of investment is 5 years and the market price expected after 5 years is $70. Analyze your decision being a seller as well as buyer.

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