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Upton is a dividend paying company. The dividend just paid, Do, was $3.50 and is expected to grow, g, for the foreseeable futures at a
Upton is a dividend paying company. The dividend just paid, Do, was $3.50 and is expected to grow, g, for the foreseeable futures at a constant 5%. The required rate of return is 10.5%, a. Find the intrinsic value today. b. If the actual market price today is $64.75, do you believe the stock is over/underpriced
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