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Transcribe Co is expected to pay a dividend of $1 next year, $2 in two years, and $3 in three years, after year three, the
Transcribe Co is expected to pay a dividend of $1 next year, $2 in two years, and $3 in three years, after year three, the dividend is expected to grow at a constant rate of 4%. The required rate of return on equity for this firm is 10%. The intrinsic value of Transcribe Company stock today is?
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