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Harry, Inc . just now paid a dividend of $2.25, and expects to sustain a constant growth rate of its dividends by 5.0%. Harry's WACC

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Harry, Inc . just now paid a dividend of $2.25, and expects to sustain a constant growth rate of its dividends by 5.0%. Harry's WACC = 12.0% and Ks = 14% . . Question: What is the intrinsic price of its stock today? Po = d1/(Ks - g) d1 = do x (1 + g) = Ks = Rp + Beta x (Rm - Rp)

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