Allyson Enterprises just lost a big lawsuit. Their most recent dividend was $0.88, and that dividend is expected to grow by 2% in year 1, 4% in year 2, 5% in year 3 and 6% in year 4 and beyond. If the required return on Allyson's common stock is 10.50%, what is the intrinsic value of the stock?

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The Answer of Allyson Enterprises just lost a big lawsuit. Their most recent dividend was $0.88, and that dividend is expected to grow by 2% in year 1, 4% in year 2, 5% in year 3 and 6% in year 4 and beyond. If the required return on Allyson's common stock is 10.50%, what is the intrinsic value of the stock?

Allyson Enterprises Just Lost a Big Lawsuit