For the next three years MBA Inc. is expected to pay $1.50, $2.00 and $2.50 in dividends and after that dividends will grow at the rate of 4% in perpetuity. The required rate of return is 12%. Assuming the first dividend will be paid in exactly one year, the intrinsic value of MBA shares is

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The Answer of For the next three years MBA Inc. is expected to pay $1.50, $2.00 and $2.50 in dividends and after that dividends will grow at the rate of 4% in perpetuity. The required rate of return is 12%. Assuming the first dividend will be paid in exactly one year, the intrinsic value of MBA shares is

For the Next Three Years MBA Inc