Question: Soru 1. This year Lima Inc. will pay a dividend on its stock of $7 per share. The following year the dividend is expected increase

Soru 1. This year Lima Inc. will pay a dividend on its stock of $7 per share. The following year the dividend is expected increase to $8. From that point on the dividend is expected to grow at 6% per year indefinitely. Stocks with similar risk are currently priced to provide a 10% expected return. What is the intrinsic value of Lima stock? 188.2 B 150.4 C 196.8 D 175.3

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