4 A stock is expected to pay a dividend of $1.10 at the end of the year. The required rate of return is rs = 12.82%, and the expected constant growth rate is g = 5.0%. What is the stock's current price? $14.07 $14.21 5 6 7 8 9 10 11 12 19 12 1 1 11 1 1 2 $16.32 $14.35 $15.05 D Question 16 6.5 pts 2 2 2 2 Everest Inc. is expected to have the following free cash flows over the next four years : $10.35 million $12.40 million, $13.90 million, $16.70 million. After 4 years, the free cash flows are expected to grow at the industry average of 4.17% per year. The firm has 8 million shares outstanding, $2 million in cash and short term investments, and it has $11.3 million debt. If its cost of capital is 15.45%, what is Everest Inc's the intrinsic value of the stock? $12.42 $14.28 $12.28 $11.56 $15.13