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Using the three-stage DDM, what is the intrinsic value of a firm with current dividends of 5.76 per share, a discount rate of 0.14,
Using the three-stage DDM, what is the intrinsic value of a firm with current dividends of 5.76 per share, a discount rate of 0.14, and growth for the first 5 years of 0.07, after which growth will decline at a constant rate until year 11 and then the firm will grow indefinitely at a rate of 0.03? 85.96 77.62 80.55
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