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Aperture Science, Inc. paid a dividend of $4.00 per share yesterday (Do = 4.00). The firm is expected to pay a dividend of $4.80 per
Aperture Science, Inc. paid a dividend of $4.00 per share yesterday (Do = 4.00). The firm is expected to pay a dividend of $4.80 per share in one year and a dividend of $5.76 in two years. At that point, dividends are expected to grow at a constant 3.00% rate indefinitely. This stock's required return is 10.77%. What is the stocks intrinsic value? O a. $61.78 Ob. $73.39 Oc. $71.26 O d. $65.21 Oe. $52.00
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