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Best Team Inc. is expected to pay a dividend of $ 1 . 2 0 in the upcoming year. Dividends are expected to grow at

Best Team Inc. is expected to pay a dividend of $1.20 in the upcoming year. Dividends
are expected to grow at the rate of 4% per year. The risk-free rate of return is 2% and
the expected return on the market portfolio is 14%. The stock of Best Team Inc. has a
beta of 1.7. What is the intrinsic value of the company stock?
$6.52
$11.00
$9.55
$7.50
$13.50
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