Assume it is currently the beginning of the year 2023. A.) Given an investment horizon of 2028, and the data provided below, use a multistage dividend discount model to estimate the intrinsic value of the companys stock. Assume that after 2028 that the growth rate of dividends will remain constant. Use linear interpolation to estimate any intermediate/unknown dividends. Show your work. B.) If the stock is currently selling for $91.20 per share, is this stock a good buy based on your intrinsic value estimate given in part A?

The dividend payout ratio for the company is currently 40.00%

The return on equity for the company is 8.00%

Dividends per share are estimated to be $1.60/year in 2024 and $2.40/year in 2028

For 2023, the risk-free rate will be 2.30%, and is expected to remain constant

The forecast for the market risk premium is 6.00%

The beta for the company is 0.80