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Good Investments Company forecasts a $1.39 dividend for 2017, $1.50 dividend for 2018 and a $1.58 dividend for 2019 for Mountain Vacations Corporation. For all

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Good Investments Company forecasts a $1.39 dividend for 2017, $1.50 dividend for 2018 and a $1.58 dividend for 2019 for Mountain Vacations Corporation. For all years after 2019, Good Investments Company forecasts that Mountain Vacations will pay a $1.68 dividend. Using the dividend discount valuation model determine the intrinsic value of Mountain Vacations Corporation, assuming the company's cost of equity capital is 7%. Select one: a. $23.49 b. $22.21 C. $15.70 O d. $19.57

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