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You are forecasting a stock to pay the following dividends: $4.50 , $3.75 , $4. The dividends will then begin declining

Posted: Fri Jul 01, 2022 7:50 am
by answerhappygod
You are forecasting a stock to pay the followingdividends:$4.50 , $3.75 , $4.
The dividends will then begin declining at a rate of 7.5% forthe foreseeable future. What is the intrinsic value of thisstock if the required return is 14%?