A stock just paid a dividend this morning of $ 1 . 4 7 . Dividends are
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Question:
A stock just paid a dividend this morning of $ Dividends are expected to grow at for the next two years. After year dividends are expected to grow at for the following three years. At that point, dividends are expected to grow at a rate of forever. If investors require a return of to own the stock, what is its intrinsic value?
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