Question: Based on your analysis, you expect Line Ltd. to pay dividends of $1, $2, and $3 over the next three years. At that time, you

Based on your analysis, you expect Line Ltd. to pay dividends of $1, $2, and $3 over the next three years. At that time, you expect Line Ltd. and its dividend payment to grow at a constant rate of 7% per year. If your required return on Line Ltd. is 12%, what is the intrinsic value of this stock based on the DDM model

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