Question: **Please be kind and answer both** The corporate valuation model is a valuation based on a. the firm's capital gains yield. c. the firm's preferred

**Please be kind and answer both**

The corporate valuation model is a valuation based on

a. the firm's capital gains yield.

c. the firm's preferred stock value.
d. the firm's expected retained earnings.
e. the firm's estimated revenue growth rate.

Stock K has a 4-year period of nonconstant growth. The present value of the stock's dividends for the nonconstant growth period are $1.00, $1.06, S1.07, and $1.11. The horizon value of the stock is $16.00 with a PV of $12.67. What is the intrinsic value of the stock?

a. $4.24
b. $13.67
c. $14.73
d. $16.91
e. $20.24

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