Intro A stock just paid an annual dividend of $7.9. The dividend is expected to grow by 2% per year for the next 4 years. In 4 years, the P/E ratio is expected to be 23 and the payout ratio to be 60%. The required rate of return is 8%. Part 1 Attempt 175 for 10 pts. What is the intrinsic value of the stock? 0+ decimals Submit