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The Okra Corporation last dividend was $1.00. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are
The Okra Corporation last dividend was $1.00. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 12% forever. Okra's required rate of return is 14%. What is Okra's intrinsic value:
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
