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Kroger's stock price is $32. It just paid a dividend of 62 cents. oCompute Kroger's intrinsic value based on the information in #6 and assuming

Kroger's stock price is $32. It just paid a dividend of 62 cents.

oCompute Kroger's intrinsic value based on the information in #6 and assuming the following dividend growth: Year 1: 0%, Year 2: 20%, Years 3 and 4: 10%, Years 5 and after: constant growth of 2%.

oBased on you answer would you recommend purchasing Kroger?

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