2. Based on forecasts for Jedidia Analytics Pty. Ltd (from week 9 forecasting question), estimate the equity value of the firm using the discounted dividend model (DDM). Cost of capital for equity is 12%, and cost of capital for the firm is 9.7%. Assume dividend will remain 2% growth rate forever and there are 744.89 million shares outstanding. The Dividend amount are : 1: 1079, 2: 1154, 3: 1029, 4: 1101, 5: 1178