Based on your analysis, you expect a company to pay a $3.00 dividend next year....

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Finance

Based on your analysis, you expect a company to pay a $3.00 dividend next year. You expect the dividend to grow at a rate of 12% for the following two years, 6% three years thereafter, and then reach a steady state of 3%. Estimate the intrinsic value assuming you have a required rate of return of 13.75%

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