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Task 6: Stock Valuation Tesla, Inc., is growing rapidly and now you need to estimate...

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Task 6: Stock Valuation Tesla, Inc., is growing rapidly and now you need to estimate the value of its common stock. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 6 percent after that. The required return is 11 percent, and the company just paid a dividend of $ 5.50. Questions: 11. What is the estimated terminal value? (2.5 points) 12. What is the estimated current share price of Tesla? (5 points)

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