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 10.80%. (Round your answer to 2 decimal places.) Intrinsic value b. Rio Tinto's actual beta is 1.01. (Round your answer to 2 decimal places.) Intrinsic value c. The market risk premium is 10.00%. (Round your answer to 2 decimal places.) Intrinsic value Div growth Term value Investor CF 1.7 Year 2019 2020 2021 3.12 3.38 Inputs for GE beta mkt_prem rf k_equity term_gwth 0.08 Dividend 3.12 3.38 3.64 3.90 4.19 3.64 . 0.029 0.1650 0.099 2022 2023 2024 4.51 2025 4.87 2026 2027 2028 2029 5.26 5.70 6.20 6.75 7.37 8.06 0.0740 0.0765 0.0790 0.0815 0.0840 0.0865 0.0890 0.0915 0.0940 0.0965 0.0990 0.0990 3.90 4.19 4.51 4.87 5.26 5.70 6.20 6.75 7.37 8.06 8.84 9.71 188.38 Value line forecasts of annual dividends 2030 2031 2032 8.84 2033 9.71 10.67 2034 177.71 Transitional period with slowing dividend growth Beginning of constant growth period 41.28 = PV of CF E17 * (1+F17)/(B5 - F17) NPV(B5,H2:H17)