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Zero G Inc. currently has an earnings growth rate of 0% which is expected to stay constant in perpetuity. Zero G Inc's next year's dividend

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Zero G Inc. currently has an earnings growth rate of 0% which is expected to stay constant in perpetuity. Zero G Inc's next year's dividend per share is expected to be equal to $1.20 and their cost of equity is equal to 12%. What is the intrinsic value of one share of stock in Zero G Inc. equal to? $1.20 O $10.00 $2.40 $12.00

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