Calculate the intrinsic value of Rio Tinto 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 10.40%. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Intrinsic value $ 117.87 X 1.2 2019 3.12 3.12 3.38 0.08 2020 3.38 beta mkt_prem rf k_equity term_gwth 0.029 2021 3.64 2022 3.90 0.1250 0.095 3.64 3.90 4.19 4.51 2023 2024 4.19 4.51 0.0740 0.0761 2025 4.86 0.0782 4.86 2026 5.25 5.25 5.68 0.0803 0.0824 2027 6.16 2028 2029 0.0845 0.0866 5.68 6.16 6.70 6.70 Value line forecasts of annual dividends 2030 7.29 7.29 0.0887 0.0908 2031 2032 2033 7.95 8.69 9.52 7.95 8.69 0.0929 0.0950 0.0950 9.52 390.79 Transitional period 2034 10.42 380.37 Calculate the intrinsic value of Rio Tinto 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 10.40%. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Intrinsic value $ 117.87 X 1.2 2019 3.12 3.12 3.38 0.08 2020 3.38 beta mkt_prem rf k_equity term_gwth 0.029 2021 3.64 2022 3.90 0.1250 0.095 3.64 3.90 4.19 4.51 2023 2024 4.19 4.51 0.0740 0.0761 2025 4.86 0.0782 4.86 2026 5.25 5.25 5.68 0.0803 0.0824 2027 6.16 2028 2029 0.0845 0.0866 5.68 6.16 6.70 6.70 Value line forecasts of annual dividends 2030 7.29 7.29 0.0887 0.0908 2031 2032 2033 7.95 8.69 9.52 7.95 8.69 0.0929 0.0950 0.0950 9.52 390.79 Transitional period 2034 10.42 380.37