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You are analyzing HUE stock. You expect that the dividends over the next three years will be $1.75 in year 1, $1.90 in year 2,
You are analyzing HUE stock. You expect that the dividends over the next three years will be $1.75 in year 1, $1.90 in year 2, $2.00 in year 3 and that HUEs stock price will be $46.32. What is the intrinsic value of HUEs stock today if your required return is 12 percent?
Group of answer choices
$26.84
$37.47
$32.97
$34.43
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