Question: Question 3. Company BMI will experience a supernormal growth rate of 20% in the next two years. The growth rate will then level off to

Question 3. Company BMI will experience a supernormal growth rate of 20% in the next two years. The growth rate will then level off to 4% from year 3 and beyond. The most recent dividend payment was $2.00 and the required rate of return for BMI stock is 10%. What is the intrinsic value of the BMI stock? Question 3 D1= D2= P2 = PV div= PV price = Intrinsic Value

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