QUESTION For the next three years MBA Inc is expected to pay $2.50, 54.00 and $5.50 in dividends and after that dividends will grow at the rate of 4% in perpetuity. The required rate of return is 10%. Assuming the first dividend will be paid in exactly one year, the intrinsic value of MBA shares is $127.25 $67.53 585.46. $105.04