Question: Intel ( INTC:NASDAQ ) pays $ 1 dividend ( sum of quarterly dividends ) with a forecasted dividend growth of 5 % and required rate

Intel (INTC:NASDAQ) pays $1 dividend (sum of quarterly dividends) with a forecasted dividend growth of 5% and required rate of return of 8%. What is the fair stock price using dividend growth mode?
a. $33.33
b. $12.50
c. $20
d. $35
 Intel (INTC:NASDAQ) pays $1 dividend (sum of quarterly dividends) with a

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