You are planning to value ABC Ltd. using a different equity valuation approach. You have assembled the following information. Assume today is the end of the financial year 2021. Using the same assumptions as above, except that new projects earn a return equal to the cost of capital, what is the intrinsic value of the stock? Select one alternative: $1.56 $1.91 $2.20 $3.06 $3.19 You are planning to value ABC Ltd. using a different equity valuation approach. You have assembled the following information. Assume today is the end of the financial year 2021. Using the same assumptions as above, except that new projects earn a return equal to the cost of capital, what is the intrinsic value of the stock? Select one alternative: $1.56 $1.91 $2.20 $3.06 $3.19