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Tesla paid an annual dividend of $1.78 per share last month. The company is planning on paying $1.92, $2.21, and $1.63 a share over the
Tesla paid an annual dividend of $1.78 per share last month. The company is planning on paying $1.92, $2.21, and $1.63 a share over the next 3 years, respectively. After that, the dividend will be constant at $3 per share per year. What is the intrinsic value of this stock today if the market rate of return is 10 percent
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