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Who-Signed-This-Contract (WHO), a catering business focusing on universities, just paid a dividend of $4. Dividends are expected to grow at a constant rate of 5%

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Who-Signed-This-Contract (WHO), a catering business focusing on universities, just paid a dividend of $4. Dividends are expected to grow at a constant rate of 5% per year from this point onward. WHO's stock has a beta of 0.62. The risk-free rate is 5%, and the expected return on the market portfolio is 12%. What is the market capitalization rate for WHO? (3 points) Compute the intrinsic value of WHO's stock. (3 points)

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