Calculate: 1. Horizon Value 2. Intrinsic Value 3. the expected dividend yield for black sheep's stock today

Black Sheep Broadcasting Company (BSBC) just paid a dividend of $2.88 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 20.00% over the next year. After the next year, though, Black Sheep's dividend is expected to grow at a constant rate of 4.00% per year. Complete the following table, assuming that the market is in equilibrium, and: The risk-free rate (rRF) is 5.00% The market risk premium (RPM) is 6.00%, and Black Sheep's beta is 0.90