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A stock's last dividend was $1.52 per share and the dividends are expected to grow forever at a constant rate of 6.6% per year. If
A stock's last dividend was $1.52 per share and the dividends are expected to grow forever at a constant rate of 6.6% per year. If the stock's current price is $34.67 per share, what is the stock's intrinsic value per share expected to be in four years? A) $48.30 B) $46.92 C) $41.93 D) $39.42 E) $44.77
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