ries CHAPTER 13 EQUITY VALUATION Problem 1 s a current annual dividend of $2 and is expected to grow at 15% for two Delegation Specialist pay years and then at 3% thereafter. If the required return for Delegation Specialist is 75%, what is the intrinsic value of Delegation Specialist stock? Problem 2 Janny Company currently pays a dividend of $2.22, which is expected to grow indefinitely at 4%. If the current value of Janny's shares based on the constant-growth dividend discount what is the required rate of return? model is $35.02, Problem 3