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The dividends are expected to grow at a constant rate of 5 % indefinitely. The dividend payout ratio of 5 0 % and the required

The dividends are expected to grow at a constant rate of 5% indefinitely. The dividend payout ratio of 50% and the required rate of return is 10%. The stock's intrinsic PE ratio is:
10.5.
15.
10.
10.4
10.
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