question 6)

A company paid $8 per share dividend last year and the dividend is expected to grow at 2.03 into perpetuity. if the required rate of return is 8.07 percent, what is the estimated current intrinsic value?

135.13

121.61

114.86

128.37

148.64

question 7)

for the next 3 years, the annual dividend of a stock are expected to be 59 at the end of 3 years. if the firm has a 9 percent cost of equity what should be the value of the stock?

51.83

44.76

42.4

47.12

40.05