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What is the intrinsic value of a stock which last paid a dividend of $1.75 and is expected to grow at 22% over the next
What is the intrinsic value of a stock which last paid a dividend of $1.75 and is expected to grow at 22% over the next 2 years after which it will settle down at a stable rate of 8% per annum? The investors required rate of return is 15%.
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