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XYZ is currently earning $5 per share with a 60 percent dividend payout. The current dividend is not expected to change. Investors require a rate
XYZ is currently earning $5 per share with a 60 percent dividend payout. The current dividend is not expected to change. Investors require a rate of return of 10 percent to invest in a stock with the riskiness of XYZ. What is the intrinsic value of the stock?
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
