SanData Inc. recently paid its annual dividend of $2.53. Dividends have consistently grown at a...
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SanData Inc. recently paid its annual dividend of $2.53. Dividends have consistently grown at a rate of 8%. You estimate that the stock has a required return of 20%. What is the intrinsic value of this stock? DO NOT ENTER THE \$ SIGN. ALSO, ENTER YOUR ANSWER AS A POSITIVE NUMBER. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO TWO DECIMAL PLACES AT THE END, i.e. IF YOUR ANSWER IS 33.4348 ENTER IT AS 33.48 ONLY
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