Starbucks Coffee (SBUX) stock just came to life this week. Assume that the risk-free rate of return (Krf) is 3% and the return on the market (KM) is 8%. The stock has a beta coefficient of .90. If the dividend per share during the coming year, meaning D1, is $2.75 and g=3.50%, what is the current intrinsic value of the stock? Exactly how much was D0? How long will it take for the dividend to double given the growth rate approximately ?