Calculate the stocks intrinsic value

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Question: A company is expected to pay a dividend of $3 next year. Dividend growth is expected to be 10% for the following year before settling in at a long-term growth rate of 5% after year 2. Calculate the stocks intrinsic value using a discount rate of 11%. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131958080

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