9.1 Investors require a 10% rate of return on AAA Company's stock (ie. rs-10%). (Draw a timeline to visualize the problem) What is its intrinsic value if the previous dividend was Do-$2.00 and investors expect dividends to grow at a constant annual rate of 1) -5% 2) 0% 3) 5%? a. Using data from Part a, what would the Gordon (constant growth) model value be if the required rate of return was 15% and the expected growth rate was 1) 15% 2) 20%? b. Are these reasonable results? Explain. c. Is it reasonable to think that a constant growth stock could have g rs? Why or why not