What will be the intrinsic value of the stock today

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Question - Alpha Company recently paid dividends at P1/share. Assume that it will issue dividends next year at P1.50/share, and you want to buy it, hold it for one year and sell it at P70/share, what will be the intrinsic value of the stock today, assume that the required rate is 8%?

Reference no: EM133100959

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