8. (CFA). Your firm has valued Quick-Brush Company at $63/share. You are now asked to value Smile-white Corporation using the following date provided: Quick-Brush Smile-White Beta 1.35 1.15 Market price $45.00 $30.00 Intrinsic value $63 ?? Risk free rate 4.5% Return on market 14.50% a. Calculate the required rate of return for Smile-White? b. You estimate the following EPS and dividend growth rates for Smile-White: First 3 years = 12% per year Years thereafter = 9% per year Estimate the intrinsic value of Smile White? Dividend per share were $1.72 C. Recommend Quick-Brush or Smile-White stock for possible investment based on intrinsic values Describe a strength and a weakness of the dividend growth model