What is the intrinsic value of this stock

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Reference no: EM132066474

Acme Industries' current dividend is $2. The average growth rate for the past twenty years has been steady at 8%, but the consensus of analysts is that the expected growth rate will be 6% going forward. If the required rate of return is 16%, what is the intrinsic value of this stock?

Reference no: EM132066474

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