Intro ABC Corp. has an ROE of 4% and reinvests 40% of its net income. ABC has just paid an annual dividend of $0.28. ABC stock has a beta of 1.5. The risk-free rate is 3.5% and the expected return on the market portfolio is 10%. Part 1 Attempt 1/10 for 10pts. What is the appropriate discount rate? Part 2 Attempt 1/10 for 10 pts. What is the expected growth rate of dividends? Part 3 Attempt 1/10 for 10pts. What is the intrinsic value of the stock