35 5 points Save Answer Good Investments Company forecasts a $2.44 dividend for 2017, $2.62 dividend for 2018 and a $2.77 dividend for 2019 for Mountain Vacations Corporation For year 2020 Good Investments Company forecasts that Mountain Vacations will pay a $2.94 dividend and that dividend will continue to grow by 4% each year. Using the dividend discount valuation model determine the intrinsic value of Mountain Vacations Corporation, assuming the company's cost of equity capital is 7% $77.75 $79.46 $86 82 $42.39