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Chetola Mountain Development Corporation is expected to pay a dividend of $ 4 . 5 0 in the upcoming year. Dividends are expected to grow

Chetola Mountain Development Corporation is expected to pay a dividend of $4.50 in the upcoming year. Dividends are expected to grow at the rate of 3% per year. The risk-free rate of return is 5%, and the market risk premium is 12%. The stock of 0.950. Using the constantgrowth DDM, the intrinsic value of the stock is
$28.90
$52.02
$47.87
539.89
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