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The Aspen Corporation is expected to pay the following dividends over the next three years: $6, $4, $2. Thereafter, the company pledges to maintain a

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The Aspen Corporation is expected to pay the following dividends over the next three years: $6, $4, $2. Thereafter, the company pledges to maintain a constant dividend of $1 forever. The required rate of return on the stock is 10%. What is the intrinsic value of its stock today

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