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Question: an investor has examined home depot stock and makes the...

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An investor has examined Home Depot stock and makes the following predictions for the future: YEAR 1 2 3 4 DIVIDEND $1.39 $1.59 $1.56 $1.57 The investor believes the selling price in four years will be $71.96. If the investor wants a 16.00% return to hold the stock, what intrinsic value does the investor put on Home Depot today? Answer Format: Currency: Round to:2 decimal places. Enter Answer Here...
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