medium · CFA Level I equity

An equity analyst at Oakridge Capital is using the Gordon Growth Model to value Vesper Foods. The current dividend (D_0) is $2.00, the required return is 10%, and the expected dividend growth rate is 4%.

What is the intrinsic value of the stock?

  1. A. $34.67
  2. C. $20.00
  3. B. $33.33

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