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GGT Industries are publically traded company operating in the Automobile industry in the U.S. Currently the company is not paying any dividend on its common

GGT Industries are publically traded company operating in the Automobile industry in the U.S. Currently the company is not paying any dividend on its common stock. On the other hand, the company is expected to pay a dividend in two years of $0.60 and a dividend of $1.00 in three years that will grow at 5% per year after that. \ \ If the required rate of return on GTTs common stock is 12%, its intrinsic value today is closest to:\ \ A. $11.09.\ B. $12.34.\ C. $12.21.

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