What is the intrinsic worth of this stock given a 12, Financial Management

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What is the intrinsic worth of this stock given a 12

Melissa Popp is thinking about buying some shares of R.H. Lawncare Equipment, at $48 per share. She expects the price of the stock to rise to $60 over the next 3 years. During that time she also expects to receive annual dividends of $4 per share. a. What is the intrinsic worth of this stock, given a 12% required rate of return? b. What is its expected return?

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Financial Management: What is the intrinsic worth of this stock given a 12

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