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Melissa Popp is thinking about buying some shares of R.H. Lawncare​ Equipment, at $ 41.71 per...

Melissa Popp is thinking about buying some shares of R.H. Lawncare​ Equipment, at $ 41.71 per share. She expects the price of the stock to rise to $ 57.67 over the next 3 years. During that time she also expects to receive annual dividends of $ 4.78 per share. a. What is the intrinsic worth of this​ stock, given a required rate of return of 12 %​? b. What is its expected​ return?

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jeff jeffy answered 1 year ago
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