29. Torque Corporation is expected to pay a dividend of $1.00 in the upcoming year. Dividends are expected to grow at the rate of 6% per year. The risk-free rate of return is 5% and the expected return on the market portfolio is 13%. The stock of Torque Corporation has a beta of 1A) What's the intrinsic value (Price) of Torque's stock? B) $14.60 C) $12.33 D) $11.62 E) none of the above g= 6% rfree = 5% rexpected = 13% 5% 12. Unitongue Talk, Inc. just paid a $2.00 annual dividend. Investors believe that the dividends will grow at a rate of 20% per year for each of the next two years and 5% per year thereafter. Assuming a discount rate of 10%, what should the Grsentaprice of the stock be? 2 2. 2 c. $54.55 Do=2 . d. $49.87 26% 2 .e. $43.56 PO Discount rate=1% 2 2 g=20 Po=114% + (H2%)