This is a subjective question, hence you have to write your answer in the Text-Field given below. A stock of X Co. is expected to pay a dividend of Rs.10 per share at end of Year 1. It is expected that dividends will grow by 8.00% the next 3 years (1-2, 2-3, 3-4 years). The growth rate in dividends beyond four years till perpetuity will be 5% p.a. (EAR i.e. Annual Rate). The relevant cost of equity capital is estimated at 10.00% p.a. compounded annually. What is the intrinsic value of the X Co.? If the market price per share of the stock is Rs. 120, what should the investment recommendation be related to stock X (buy [5] This is a subjective question, hence you have to write your answer in the Text-Field given below. A stock of X Co. is expected to pay a dividend of Rs.10 per share at end of Year 1. It is expected that dividends will grow by 8.00% the next 3 years (1-2, 2-3, 3-4 years). The growth rate in dividends beyond four years till perpetuity will be 5% p.a. (EAR i.e. Annual Rate). The relevant cost of equity capital is estimated at 10.00% p.a. compounded annually. What is the intrinsic value of the X Co.? If the market price per share of the stock is Rs. 120, what should the investment recommendation be related to stock X (buy [5]