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Question 6 1 pts Westin Corporation common stock recently paid a dividend of $2.60. The firm typically pays out 50% of its earnings as dividends

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Question 6 1 pts Westin Corporation common stock recently paid a dividend of $2.60. The firm typically pays out 50% of its earnings as dividends and retains the rest for investment in the firm. Westin has a return on equity of 15 percent. If investors require a return of 12 percent, what is the intrinsic value of the firm's common stock? Assume dividends will grow at a constant rate. O $57.78 ET O $21.67 $24.92 O $23.29 $62.11 Question 7 1 pts Hampton Corporation's common stock dividends are expected to grow by 8% per year. Recently, the firm paid a $2.30 common stock dividend. Hampton has a beta of 1.40. The expected return on the S&P 500 index is 11% and the rate of return on U.S. Treasury securities is 5%. What is the stock's intrinsic value? O $44 O $54 ho O $50 O $46 O $42

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