better mousetraps has come out with an improved product, and the world is beating a path to its door. As a result, the firm projects growth of 20% for 4 years. By then, other firms will have copycat technology, competition will drive down profit margins, and the sustainable growth rate will fall to 5%.the most recent annual dividend was DIV0 = $1 per share.

Compute the value of Better mousetraps for assumed sustainable growth rates of 6% through 9%, in increments of .5% and compute the percentage change in value of the firm for each 1percentage point increase in the assumed final growth rate,g (Do not round intermediate calculations. round your answers to 2 decimal places.)

|Intrinsic,Value | (PV) Sustainable Growth Rate 5.00% 6.00% 6.50% 7.00% 7.50% 8.00% 8.50% 9.00% %Change in PV 34.74