A company just paid an annual dividend of $0.35 per share. Dividends are forecasted to grow at a rate of 25 percent a year for the next 4 years and then go to a growth rate of 9 percent a year, forever. The stock's beta is 1.35, the market risk premium is 9 percent, and the risk-free rate of interest is 4 percent. The estimated intrinsic value of the company's common stock is $ . Calculate to two decimal points using the Div growth model, the PV formula, and the ROR formula. I I don't know 2 attempts