Question: You have until 8 : 3 0 PM to complete this assignment. Intro Pro Build Inc. has had a net income of $ 1 6

You have until 8:30 PM to complete this assignment.
Intro
Pro Build Inc. has had a net income of $16 million in its most recent year. Net
income is expected to grow by 3% per year.
The firm always pays out 80% of net income as dividends and has 7 million
shares of common stock outstanding. The required return is 9%.
PBri 1
What is the value of the stock?
You have until 8:30 PM to complete this assignment. Intro Pro

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