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What is the intrinsic value of a company's stock if dividends are expected to grow at 8 %, the most recent dividend was $2,

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What is the intrinsic value of a company's stock if dividends are expected to grow at 8 %, the most recent dividend was $2, and investors' required rate of return for this stock is 12%? O $21.00. O $54.00. O $45.05. O $20.10.

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