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Gigi and Sharon's Beauty Supply Company started issuing a dividend in 2016. At the time, it was $1.50 per share. It has steadily increased so
Gigi and Sharon's Beauty Supply Company started issuing a dividend in 2016. At the time, it was $1.50 per share. It has steadily increased so that at the end of 2020 (5 years), the dividend was $2.42. If the required market return is 15%, the intrinsic value of the firm is: $53.20 $48.40 $16.13 $30.00
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