D 7.50% 3.50% 1 B C 2 The NBC stock is expected to pay a dividend next year 3 in the amount of $2.35 4 Management feels that dividends will grow at 5 The expected return on this stock is 6 What is the approximate intrinsic value of this stock? a. Approximate Intrinsic Value cannot be calculated as K>g. O b. Approximate Intrinsic Value = $58.75 O c. Approximate Intrinsic Value cannot be calculated as g > K. d. Approximate Intrinsic Value = -$58.75