Support QUESTION 12 6.25 Alpha Co. just paid a $6 dividend, which is expected to decline at the rate of 2% per year. The risk-free rate of return is 4% and the expected return on the market portfolio is 16%. The stock has a beta of 1.75. Find the intrinsic value of the stock. 26.09 2557 21.78 22.22 QUESTION 13 6.25 points J.C. Penney Company is expected to pay a dividend in year of $1.65, a dividend in year 2 of 51.97, and a dividend in your horses After year 3, dividends are expected to grow at the rate of 8% per year. An appropriate required return for the stock is 118. The stock should be worth today. KD 33 40.67 718 66 Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers Save and S