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torque corporation is expected to pay a dividend of $1 in the upcoming year. dividends are expected to grow at a rate of 6% per
torque corporation is expected to pay a dividend of $1 in the upcoming year. dividends are expected to grow at a rate of 6% per year. the risk free rate of return is 3% and the expected return on the market portfolio is 13%. the stock of torque corporation has a beta of 1.2 what is the intrinsic value of torque stock?
a.$11.11 b. $14.60 c. $12.33 d. $11.62
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