Cole Pharmaceuticals is currently paying a dividend of $2 per share, which is not expected to change.
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Cole Pharmaceuticals is currently paying a dividend of $2 per share, which is not expected to change. Investors require a rate of return of 20 percent to invest in a stock with the riskiness of Cole. Calculate the intrinsic value of the stock.
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Related Book For 
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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