Hideki Corporation has just paid a dividend of 490 per share. Annual dividends are expected...
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Hideki Corporation has just paid a dividend of 490 per share. Annual dividends are expected to grow at the rate of 3 percent per year over the next four years. At the end of four years, shares of Hideki Corporation are expected to sell for 11,567. If the required rate of return is 12 percent, compute the intrinsic value of a share of Hideki (Enter your answer as a number, rounded to the nearest whole number, like this: 1234) Type your
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