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wegan Smith: Attempt 1 Question 5 (5 points) A stock's last dividend was $1.50 per share and the dividends are expected to grow 20% per

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wegan Smith: Attempt 1 Question 5 (5 points) A stock's last dividend was $1.50 per share and the dividends are expected to grow 20% per year for two years. Thereafter, the dividends are expected to grow at a constant rate of 5,5% per year. If investors require a return of 12.5% per year to hold the stock, what is its intrinsic value per share? OA) $29.03 B) $31.47 C) $30.86 D) $30.92 E $32.66 Raw

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