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The Chicarelli Gold Mine Company has been in business for 32 years. The company does not pay a dividend, but does produce positive cash flow.

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The Chicarelli Gold Mine Company has been in business for 32 years. The company does not pay a dividend, but does produce positive cash flow. The CEO is thinking about selling the company and opening a hunting camp in the hills of West Virginia, but needs help valuing the company. Based upon the above, he should use: the P/E multiplier model the value added model the constant growth model the free cash flow model Question 2 (2 points) Melissa's Kitchen Restaurant Chains has preferred shares of stock that pay a $2.10 dividend annually. If the required market return is 5%, what is the intrinsic value of the stock? $53.76 $42.00 $22.21

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