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The current dividend of Best Food Org. is $ 2 . 3 1 and is expected to grow at 1 1 . 0 0 %

The current dividend of Best Food Org. is $2.31 and is expected to grow at 11.00% for seven years. After the First seven years, the growth rate of the dividends expects to gro a constant 4.71% into the future. If the cost of equity is 8.6%, what is the stock price of company in Year 7 and intrinsic value of its stock? Lastly, if the current stock price of the company is $90, is it overvalued? $129.10: $90.13; No $129.10, $85.12 Yes $121.10: $82.94; Yes O $121.10; $82.94; No

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