Abe and Zedediah each are considering investing in bronco both agree. The next years dividends will be $2.20 per share and that dividends will grow at 3% in perpetuity. However, Abe has required return of 5.6% and Zedediah has a required return of 11% assuming the stock of bronco is correctly priced using the constant growth dividends discount model, which potential investor has a higher valuation, Abe, or Zedediah?