Next year's dividend is expected to be $2, g = 7%, and k = 12%. What is the stock's intrinsic value?
A. $28.57.
B. $40.00.
C. $42.80.
Answer: B
Business Analyst MCQ
Equity Valuation
Next year's dividend is expected to be $2, g = 7%, and k = 12%. What is the stock's intrinsic value?
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