Question: A Moving to another question will save this response. Question 5 of 10 Question 5 10 points Save Answer Filaska Corp. paid a dividend of

 A Moving to another question will save this response. Question 5

A Moving to another question will save this response. Question 5 of 10 Question 5 10 points Save Answer Filaska Corp. paid a dividend of $1.65 on its common stock at the end of last year. Dividends are expected to grow at a constant rate of 4% in the forseeable future. What is the intrinsic value of the stock if investors required rate of return is 9%? Round to two decimal places (Ex. $0.00)

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