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Companies similar to Google experience growth rates that exceed industry norms. 52 Assume that annual growth rates will be approximately 27.00% 53 over the next

Companies similar to Google experience growth rates that exceed industry norms.
52 Assume that annual growth rates will be approximately 27.00%
53 over the next three years.
54 The current dividend amount is $4.71
55 The expected rate of return is 19.35%
56 After yeart three, a constant growth rate is expected to be 7.80%
57 What is the intrinsic value of a company with these metrics?
a.

Intrinsic Value of Variable Growth Stock = $99.68
b.

Intrinsic Value of Variable Growth Stock = $78.99
c.

Intrinsic Value of Variable Growth Stock = $86.99
d.

Intrinsic Value of Variable Growth Stock = $68.99

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