3 4. GOV's major competitor, Vote, Vote, Vote Your Voice, Inc. (VOTE) has a long term growth rate estimated to be 4.0%. VOTE's net income is $500,000 and there are 400,000 shares outstanding. VOTE has no debt and all of it's income is paid to shareholders in the form of dividends. 0 Assume VOTE has a 17.5% cost of capital. 1 What do you think it's stock should be valued at today? (10 pts) 2 3 $9.26 1