You are analyzing HUE stock. You expect that the dividends over the next three years will be
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Question:
You are analyzing HUE stock. You expect that the dividends over the next three years will be $1.75 in year 1, $1.90 in year 2, $2.00 in year 3 and that HUE’s stock price will be $46.32. What is the intrinsic value of HUE’s stock today if your required return is 12 percent?
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