Question: 5) Quantum Inc. does not pay dividends on its stock currently. It is expected to pay its first dividend of $5 at the end of

5) Quantum Inc. does not pay dividends on its stock currently. It is expected to pay its first dividend of $5 at the end of two years from today, and the dividends are then expected to continue at that level forever. What is the intrinsic value of a share of Quantum stock to an investor who requires a 3.35% rate of return on this investment? 6) The Edgar Corporation currently (Do) pays $2 per share dividend. This dividend is expected to grow at a 20% annual rate over the first 3 years, 12% annual rate over the next 2 years, and then at a 6% annual rate into the foreseeable future. What would you pay for a share of this stock, if you demand a 20% rate of return on the investment
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