Bob is evaluating a firm that just paid a dividend of $1.00/share. If the firm's required rate of return is 10%, and its current growth rate is 15%, which is expected to last for five years, then fall to the industry average return of 4%, what number below is closest to is the intrinsic value of one share of the firm's stock today?

Answer rating: 100% (QA)

To find the intrinsic value of one share of the firms stock today we will use the MultiStage Dividen... View the full answer