Caskey inc is experiencing a period of growth dividends are, Finance Basics

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Caskey inc is experiencing a period of growth dividends are

Question: Caskey Inc. is experiencing a period of growth. Dividends are expected to grow at a rate of 14.00% for the next two years and 6.00% thereafter. Yesterday the corporation paid a dividend of $1.17. If the required rate of return is 8.00%, what is the intrinsic value of the stock?

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Finance Basics: Caskey inc is experiencing a period of growth dividends are

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