As an investment analyst, assume you're attempting to value the shares of XYZ company. The...

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Finance

As an investment analyst, assume you're attempting to value the shares of XYZ company. The company has just paid a dividend of $58 per share. Dividends are expected to grow by 2 percent next year and 15 percent the year after that. From the third year onwards, dividends are expected to grow at 5.60 percent per year indefinitely. If the required rate if return is 8.30 percent. What is the intrinsic value of the share?

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