Question: Hi! Please answer this question and show work to help me learn. Thank you! A stock is expected to pay five dividends of $2.4 and

Hi! Please answer this question and show work to help me learn. Thank you!

A stock is expected to pay five dividends of $2.4 and you forecast you can sell it just after the fifth dividend for $47.5. If the required return on this stock is 14%, what is its intrinsic value?

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