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Intel Corporation designs, manufactures, and sells computer chips and technologies for the cloud, smart, and connected devices worldwide. Intel's current stock price is $45.88. 1.

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Intel Corporation designs, manufactures, and sells computer chips and technologies for the cloud, smart, and connected devices worldwide. Intel's current stock price is $45.88. 1. Intel pays an annual dividend of $1.32 per share. The company is expected to maintain a constant growth rate of 7.94 percent per year. If the required return is 10.50 percent, what should the price be today? 2. What is the stock market's required return for the company? 2. What is the stock market's required return for the company? 3. Compare the stock prices in questions 1 and 2. Would you invest in Intel stock? Why or why not

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