An analyst reports the intrinsic value of Pioneer company as $105. The company is assumed...
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An analyst reports the intrinsic value of Pioneer company as $105. The company is assumed to grow at a rate of 8% per year forever. The current market price is $101 and the company has just paid a dividend of 56. If the analyst expects the market price to be equal to the intrinsic value 1 year from now, what is the expected 1-year holding period return on Pioneer company (approximately)? OA 18,69% OB. 12.28% 16.55% OD 25.56%
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