If the required rate of return on this stock is 155 compute, Financial Management

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If the required rate of return on this stock is 155 compute

Lily Co. is expected to pay end of the dividend of $5.25 on its common stock. The company's dividends are expected to grow at a constant rate of 8.5% indefinitely. If the required rate of return on this stock is 15.5%, compute the intrinsic value per share of Lily Co. stock.

$81.38

$75

$43.90

$56.23

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Financial Management: If the required rate of return on this stock is 155 compute

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Financial Management: If the required rate of return on this stock is 155 compute

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