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10. On the Yahoo Finance website you collect the following data on Intel, Inc.. Intel is currently trading at $26.52 per share. Its earnings per
10. On the Yahoo Finance website you collect the following data on Intel, Inc.. Intel is currently trading at $26.52 per share. Its earnings per share are $0.97 and its dividends per share are $0.16. Intel's beta is 2.04. The risk-free rate is 1.2% and the expected market return is 9.5%. (a) What is the plowback ratio of Intel? (b) Which growth rate of dividends does the market incorporate according to the Gordon growth model
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