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 9.40%. (Round your answer to 2 decimal places.) Intrinsic value $ 118.98 b. Rio Tinto's actual beta is 1.05. (Round your answer to 2 decimal places.) Intrinsic value c. The market risk premium is 9.50%. (Round your answer to 2 decimal places.) Intrinsic value B D E F G H I J Inputs for GE Year beta 1.1 2019 mkt_prem 0.08 2020 rf 0.029 2021 k_equity 0.1170 2022 term_gwth 0.094 2023 2024 2025 2026 2027 1 2028 2 Value line 2029 3 forecasts of 2030 4 annual dividends 2031 5 2032 2033 7 Transitional period 2034 3 with slowing dividend growth Beginning of constant 1 growth period Dividend Div growth Term value Investor CF 3.12 3.12 3.38 3.38 3.64 3.64 3.90 3.90 4.19 0.0740 4.19 4.51 0.0760 4.51 4.86 0.0780 4.86 5.25 0.0800 5.25 5.68 0.0820 5.68 6.15 0.0840 6.15 6.68 0.0860 6.68 7.27 0.0880 7.27 7.93 0.0900 7.93 8.66 0.0920 8.66 9.47 0.0940 9.47 10.36 0.0940 492.73 503.09 118.98 PV of CF G50 * (1+ H50)/(C38 - C39) 1 NPV(C38,335:J50)