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Using the constant growth dividend valuation model, calculate the intrinsic value of a stock that...

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Using the constant growth dividend valuation model, calculate the intrinsic value of a stock that paid a dividend last year of $1.51 and is expected to grow at 6.90%. The beta for this stock is 1.11, the risk-free rate of return is 3% and the market return is 12%. Your answer should be in % rounded to 2 decimal places

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