QUESTION 16 Todd Mountain Development Corporation is expected to pay a dividend of $3 in the upcoming year (D1). Dividends are expected to grow at the rate of 11% per year. The required rate of roturn is 18% Using the constant-growth dividend discount model (DDM), the intrinsic value of the stock is 8.80 27.27 60.00 O 11.11 QUESTION 17 You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You expect to receive both $1.40 in dividends and $50 from the sale of the share at the end of the year. The maximum price you would pay for a share today is if you wanted to earn a 11% return Note: Expected Holding period return - (ending price beginning price + dvd)beginning price O $57.75 O $45.75 O $46.31 $45.05