19. XYZ Company has expected earnings of $3.00 for next year and usually retains 40 percent for future growth. Its dividends are expected to grow at a rate of 10 percent indefinitely. an investor has a required rate of return of 15 percent, what price would he be willing to pay for XYZ stock? $12.50 $25.00 $30.00 $36.00 20. a. b. c. d. Which of the following statements regarding intrinsic value and market price is true If intrinsic value is greater than the current market price, the stock should be avoided or, if already held, sold. If intrinsic value is less than the current market price, the stock is undervalued. If intrinsic value is equal to the current market price, the stock is correctly valued.. If the intrinsic value is greater than the current market price, the stock is considered speculanse