recent dividend payment was 10%. What is the intrinsic value of the PSM stock? Question 4. Fresno Company will pay a dividend of $4 per share next year, which will continue to grow at a constant rate forever. Current stock price is $50, and the required rate of return is 14%. What is the constant dividend growth rate? CUT formoration has a preferred stock issue outstanding, which carries a innt If the market requires a rate of