Calculate the intrinsic value of GE in each of the following scenarios by using the three-stage growth model of Spreadsheet 18.1. Treat each scenario independently. a. The terminal growth rate will be 9.30%. (Round your answer to 2 decimal places.) Intrinsic value b. GE's actual beta is 1.04. (Round your answer to 2 decimal places.) Intrinsic value c. The market risk premium is 9.40%. (Round your answer to 2 decimal places.) Intrinsic value Spreadsheet 18.1.xlsx Calibri 11 Y BIVA B C E G H Inputs for GE Year Dividend Div growth Term value Investor CF beta 1.1 2017 1.04 1.04 mkt_prem 0.08 2018 1.23 1.23 rf 0.025 2019 1.41 1.41 k_equity 0.1130 2020 1.60 1.60 term_gwth 0.060 2021 1.85 0.1544 1.85 2022 2.11 0.1450 2.11 2023 2.40 0.1355 2.40 2024 2.70 0.1261 2.70 2025 3.02 0.1166 3.02 2026 3.34 0.1072 3.34 Value line 2027 3.67 0.0978 3.67 forecasts of 2028 3.99 0.0883 3.99 annual dividends 2029 4.31 0.0789 4.31 2030 4.61 0.0694 4.61 2031 4.89 0.0600 4.89 Transitional period 2032 5.18 0.0600 103.57 108.75 with slowing dividend growth 35.70 = PV of CF Beginning of constant E17*(1+17)/(B5 - F 17) growth period NPV(B5,H2:H17)