Question 16 1 pts Your broker recommends that you purchase Good Mills at $34. The stock pays a $2.20 annual dividend, which (like its per share earnings) is expected to grow annually at 3 percent. If you want to earn 9 percent on your funds, is this stock a good buy? What is the intrinsic value of the stock? O No, $22.00 Yes, $71.00 O No. $23.33 e Yes, $37.77