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The following table contains the six-year EPS history for Corporation X. The dividend payout ratio is 30%. Year EPS 2013 0.75 2014 0.78 2015 0.81

The following table contains the six-year EPS history for Corporation X. The dividend payout ratio is 30%.

Year EPS
2013 0.75
2014 0.78
2015 0.81
2016 0.82
2017 0.85
2018 0.90

3) Assume dividend is growing at the the compound growth rate of the dividend in 2019, what is the dividend per share in 2019?

Answer: $

Format the result with three decimal places.

4) Use dividend constant growth model, calculate the intrinsic value of the stock using a 10% required rate of return.

Answer: $

Format the result with two decimal places.

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