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Stock A has just paid an annual dividend (D) of $2.00 per share, that this dividend is expected to grow at a constant rate of

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Stock A has just paid an annual dividend (D) of $2.00 per share, that this dividend is expected to grow at a constant rate of 4 percent each year, and that investors require a 10 percent rate of return. Determine what percentage of its intrinsic value is based on the dividends to be received over the next 20 years. O 52.3% O 73.2% O 67.4% O 40.1% O 81.7%

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