10. A firm's most recent dividend was $2.00. The firm is expected to grow at 18% for the first 4 years, grow according to the H-model for the next 8 years, and then grow forever at 10%. The required rate of return on equity (i.e. the discount rate) is 14%. Calculate today's stock value. (a) Now suppose the initial fast growth is for 10 years. Calculate today's stock value. (b) Refer back to the original information. Recalculate the stock value if the H-model growth period is for 20 years. 10. A firm's most recent dividend was $2.00. The firm is expected to grow at 18% for the first 4 years, grow according to the H-model for the next 8 years, and then grow forever at 10%. The required rate of return on equity (i.e. the discount rate) is 14%. Calculate today's stock value. (a) Now suppose the initial fast growth is for 10 years. Calculate today's stock value. (b) Refer back to the original information. Recalculate the stock value if the H-model growth period is for 20 years