QUESTION $17$

Find the intrinsic value of the stock that pays a dividend of $$4\mathrm{.}12$ and has a growth rate of $11\mathrm{.}5\%$ for $4$ years then it stabilizes at a long$-$run growth rate of $2\mathrm{.}4\%.$ The stock has a Beta of $1\mathrm{.}12,$ the risk free rate is $4\mathrm{.}0\%$ and the market return is $6\mathrm{.}12\%.$

A$.$ $$75\mathrm{.}68$

B$.$ $$87\mathrm{.}92$

C$.$ $$122\mathrm{.}11$

D$.$ $$146\mathrm{.}70$