4. Firm Bumblebee just paid a dividend of $6.00 this year, and its dividend is expected to grow at 30% for the next year. After you receive all the next year's dividend, you expect to sell the stock at $100 immediately. Assume that the discount rate is 20% and dividends are paid quarterly. What is the intrinsic value of the stock? (5 points) 7. Amherst Inc., ROE = 20%, Dividend Payout Ratio=60%, next year's earnings per share = $5.00, what is the intrinsic value of the stock, discount rate = 15%. (5 points)