You wish to earn a return of 16% p.a. on each of two industry peers, Coles (ASX ticker: COL) and Woolworths (ASX ticker: WOW). Each of the stocks is expected to pay a dividend of $4 per share in the upcoming year. The expected annual growth rate of dividends is 4% for stock COL and 6% for stock WOW. The intrinsic value of stock COL...

Select one: a. is greater than the intrinsic value of WOW. b. is equal to the intrinsic value of WOW. c. is smaller than the intrinsic value of WOW. d. is greater than or equal to the intrinsic value of WOW. e. None of the options provided.