A stock just paid a dividend of $4.55. Dividends are expected to grow at a constant rate of 4.0%. If the required retu

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answerhappygod
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A stock just paid a dividend of $4.55. Dividends are expected to grow at a constant rate of 4.0%. If the required retu

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A stock just paid a dividend of $4.55. Dividends areexpected to grow at a constant rate of 4.0%. If the requiredreturn of the stock is 15%, what is the intrinsic value of thestock?
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