What is the intrinsic value of the common stock

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Reference no: EM131999153

"NTT Corp is expected to pay a $2.80 annual dividend to its common shareholders next year.

Analysts expect these dividend to grow indefinitely at a 6.5 percent annual rate. If the required rate of return on the common stock is 10.8 percent, what is the intrinsic value of the common stock?

Reference no: EM131999153

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