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Yum! brands Inc. just paid a dividend of $2 (D 0 ). Their dividends have grown at a rate of 5% every year for the
Yum! brands Inc. just paid a dividend of $2 (D0). Their dividends have grown at a rate of 5% every year for the past 20 years and they have a Beta of 1.2. The risk-free rate is 2% and the market risk premium is 6.25%. What is the intrinsic value of this stock?
A | $46.67 | |
B | $66.81 | |
C | $57.14 | |
D | $31.92 |
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