ABC Inc's cost of equity (or required rate of return on firm's stock) is 13%. The company paid a dividend D0 of $1 at time 0. The dividend grows at 50% in year 1 and 25% in year 2. After year 2, the dividend growth is constant at 6%. What is the estimated value per share of ABC Inc at time 0.

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.