d: Apr 13 at 6:39pm iz Instructions Question 4 1 pts Grace Corporation common stock has a par value of $25 and recently paid a dividend of $3.16 per share. The firm's dividends have grown from $1.50 to $3.16 over the past 9 years, which also reflects the expected growth in dividends for the indefinite future. The stock is selling for $40 and you think a reasonable required rate of return is 14%. What is the stock's intrinsic value? $21.43 $17.21 $63.92 $39.50 $46.58 Previous Next