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Question 31 (6 points) Osborne Corporation has just paid a $1.25 dividend per share for their common stock. Analysts believe that the company will increase
Question 31 (6 points) Osborne Corporation has just paid a $1.25 dividend per share for their common stock. Analysts believe that the company will increase the dividend by 20% per year for the next 4 years. After the 4th year, analysts assume that dividends will grow at 3% forever. If investors require a 12% return to invest in Osbc common stock, what is the intrinsic value of the stock today? $22.79 $23.45 $24.81 $19.54 $27.35 an nintel
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