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A stock currently does not pay any dividends. The stock is expected to begin paying a dividend of $0.95 per share in four years. After

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A stock currently does not pay any dividends. The stock is expected to begin paying a dividend of $0.95 per share in four years. After they begin, the dividends are expected to grow forever at a constant rate of 6.2% per year. If investors require a return of 12.7% per year to hold the stock, what is its intrinsic value per share? OA) $11.24 B) $10.21 OC) $10.83 D) $11.55 E) $11.87

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