Bergenfield, Inc., is expected to pay a dividend of $4 in the upcoming year. Dividends are expected to grow at the rate of 10% per year. The risk-free rate of return is 8%, and the expected return on the market portfolio is 18%. The stock of Bergenfield, Inc., has a beta of 0.70. Using the constant-growth DDM, the intrinsic value of the stock is Multiple Choice 80.00 800 16.00 40.00