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Question 5 1 pts Intercoastal Corporation recently paid a common stock dividend of $2.75. Analysts predict that the firm and its dividends will grow at

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Question 5 1 pts Intercoastal Corporation recently paid a common stock dividend of $2.75. Analysts predict that the firm and its dividends will grow at a rate of 6% per year. Intercoastal has a beta of 1.20. The current risk-free rate of interest is 5.0% and the current return on the market is 13%. What is the intrinsic value of Intercoastal common stock? $73.68 $33.90 $41.64 $27.04 $31.98 Question 6 1 pts Royal Hills Corporation pays 30% of its earnings to stockholders and retains 70% to finance growth. The firm recently paid a $3.20 common stock dividend. Investors require a return of 14% on Royal Hills common stock. If the firm earns a return on equity of 10%, what should be the value of Royal Hills common stock? $88.00 $48.91 $71.25 $54.70 $29.96

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