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Interior Airline is expected to pay a dividend of $3 in the upcoming year. Dividends are expected to grow at the rate of 10% per

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Interior Airline is expected to pay a dividend of $3 in the upcoming year. Dividends are expected to grow at the rate of 10% per year. The risk-free rate of return is 5% and the expected return on the market portfolio is 13%. The stock of Interior Airline has a beta of 2. Using the constant growth model, the intrinsic value of the stock is O $27.27 O $30 O $15.71 None of the above/below

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