Question: e Stock is under valued. WILL BE QUESTION 11 Bonus: Butzke Enterprises recently paid a dividend, D, of $2.00. It expects to have nonconstant growth

 e Stock is under valued. WILL BE QUESTION 11 Bonus: Butzke

e Stock is under valued. WILL BE QUESTION 11 Bonus: Butzke Enterprises recently paid a dividend, D, of $2.00. It expects to have nonconstant growth of 30 percent for 2 years followed by a constant rate of 8 percent thereafter. The firm's required return is 11 percent. What is the stock's intrinsic value today? O a. S126.77 b. 594.06 c. $127.66 d 586,67 5103.84

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