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Business, 10.08.2021 03:00 jdisalle7486

Neptune Corporation recently paid its annual dividend of $1.19. Dividends have consistently grown at a rate of 7%. The stock has a beta of 0.88. The current risk-free rate is 3.46% and the market return is 10.9%. Assuming that CAPM holds, what is the intrinsic value of this stock

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