Question: 12 todd mountain development corporation is expected to pay a dividend of $3 in the upcoming year. dividends are expected to grow at a rate

12 todd mountain development corporation is expected to pay a dividend of $3 in the upcoming year. dividends are expected to grow at a rate of 7%. the risk free rate of return is 4% and the expected return on the market portfolio is 19%. The stock of todd mountain development corp has a beta of 0.6, using the constant growth ddm, the intrinsic value of the stock is

2.8

42.86

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