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Question 21 4 pts A stock plans to pay a dividend of $1.2 next year. The dividend is expected to grow at 4% indefinitely. Suppose
Question 21 4 pts A stock plans to pay a dividend of $1.2 next year. The dividend is expected to grow at 4% indefinitely. Suppose the stock beta is 0.8, the risk-free rate is 4% and the expected return of the market is 10%. What is the intrinsic value of this stock based on the constant growth DDM? O $30 $13.64 $26 $25 4 pts Question 22
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