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Using the three-stage DDM, what is the intrinsic value of a firm with current dividends of 5.03 per share, a discount rate of 0.11 ,
Using the three-stage DDM, what is the intrinsic value of a firm with current dividends of 5.03 per share, a discount rate of 0.11 , and growth for the first 4 years of 0.18 , after which growth will decline at a constant rate until year 8 and then the firm will grow indefinitely at a rate of 0.025 ? 115.69 102.73 109.91 99.90 122.05
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