Burke Tires just paid a dividend of D0 = $1.45. Analysts expect the company's dividend to grow by 25% this year, by 15% in Year 2, grow by 10% in Year 3 and at a constant rate of 596 in Year 4 and thereafter. The required return on this low-risk stock is 10.00%. What is the best estimate of the stock's current market value? $38.19 $39.56 $41.27 $43.34 $45.89 QUESTION 9 The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to Maximize the stock price per share over the long run, which is the stock's intrinsic value. Maximize the firm's expected EPS. Minimize the chances of losses. Maximize the firm's expected total income. Maximize the stock dien CRO 00 00000)
