What is the intrinsic value for the share of stock

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Question: A company's earnings are expected to grow at 5% per year for the next 4 years, then stabilize at a 3% growth rate from then on. The company's most recent dividend is $1 (D0). If the required return for an investment of this type is 10%, what is the intrinsic value (fair price) for this share of stock?

Reference no: EM131959279

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