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You wish to earn a return of 1 3 % on each of two stocks, x and Y . Stock x is expected to pay

You wish to earn a return of 13% on each of two stocks, x and Y. Stock x is expected to pay a dividend of $3 in the upcoming year while Stock Y is expected to pay a dividend of $4 in the upcoming year. The expected growth rate of dividends for both stocks is 7%. The intrinsic value of stock x
A. will be greater than the intrinsic value of stock Y
B. will be the same as the intrinsic value of stock Y
C. will be less than the intrinsic value of stock Y
D. will be greater than the intrinsic value of stock Y or will be the same as the intrinsic value of stock Y
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