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The beta of Intel Inc. is 1.15. The dividend is anticipated to be $2.30 and the expected growth rate of dividend is 5% forever. The

The beta of Intel Inc. is 1.15. The dividend is anticipated to be $2.30 and the expected growth rate of dividend is 5% forever. The market expected return is 18% and t-bill rate is 6%. 1) Determine the required return on the Intels stock. 2) Determine the price of the Intels stock.

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