(D). The dividend is expected to grow at a 30% rate for the first 6 years und thereafter 3-4. You estimate the intrinsic value of a stock that just paid a $1.54 dividend per share grow at a constant rate of 5% forever. The required rate of roturn on the stock is 12% 3. Find the stock price today based on the non-constant growth model. $72.49 b. $45.38 c. $88.92 d. $56.04 4. Find the stock price today based on the H-model. a. $25.88 b. $39.60 C. $51.29 d. $62.12