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Which formula would best determine the intrinsic value of Cosmic Co. which currently pays dividends of $1 per share and this dividend will rise to
Which formula would best determine the intrinsic value of Cosmic Co. which currently pays dividends of $1 per share and this dividend will rise to a rate of 10% forever?
A. PV of a growing perpetuity
B. PV of a growing annuity
C. PV of an annuity
D. PV of a perpetuity
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