Question: Question 38 (1 point) A stock is expected to pay a dividend of $0.75 at the end of the next year. The required rate of

Question 38 (1 point) A stock is expected to pay a dividend of $0.75 at the end of the next year. The required rate of return is 12.5%, and the expected constant growth rate is g - 8.5% forever. What is the stock's intrinsic value? 1) $18.28 O2) $18.75 3) $19.70 Jun 4) $17.82 5) $19.22

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