As an analyst at Churnem & Burnem Securities, you are responsible for making recommendations to your firm's common stocks. If you expect that the dividend will grow at a 5% rate into the foreseeable future, what is the highest price at which you would recommend purchasing this stock to your clients? Suppose now that you believe that the company's new product line will cause much higher growth in the near future. Your new estimate is for a three-year period of 15% annual growth to be followed by a return to the historical 5% growth rate. Under these new assumptions, what is the value using the two-stage dividend growth model? You now realize that it is likely that the growth will transition from/5% down to 5% gradually, rather than instantaneously. If you believe that the transition will take five years, what is the value of the stock. Use the three-stage and H-Model valuation methods. For each of the answers from above, create an If statement that shows whether the stock is undervalued, overvalued, or fairly valued