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Cantor Corp just paid out a dividend of $ 4 . 7 0 per share of its common stock. Analysts expect that Cantor's earnings and

Cantor Corp just paid out a dividend of $4.70 per share of its common stock. Analysts expect that Cantor's earnings and dividends per share will grow at a constant rate of 14% for the coming 4 years. After that, the growth in dividends will drop to a constant rate of 4% for the foreseeable future. Cantor Corp. common stock has a beta of 1.2. The return on the market portfolio is expected to be 12%, and the risk-free rate is 5%. Based on this information, what is the intrinsic per-share value of Cantor Corp common stock?
$67.38
$56.37
$51.09
$60.43
$72.16
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