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b. Ludlow estimates the followina EPS and dividend growth rate for SmileWhite: Estimate the intrinsic value of SmileWhite in December 2010 using the toble above

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b. Ludlow estimates the followina EPS and dividend growth rate for SmileWhite: Estimate the intrinsic value of SmileWhite in December 2010 using the toble above and the two-stage DDM. Dlyidends per share in 2010 were $1. Instruction: enter your answer as a decimal number rounded to 2 decimal places. Intrinsic stock value in 2013: $ Intrinsic stock value in 2010: 5 Janet Ludiow's firm requires all its analysts to use a two-stage DDM and the CAPM to value stocks. Using these measures, Ludlow has valued QuickBrush Company at $63 per share. She now must value SmileWhite Corporation. a. Calculate the required rate of return for SmileWhite using the information in the following table: Instruction: enter your answer as a percentage rounded to 1 decimal place. Required rate of return %

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