Calculate the intrinsic value of Toyota in each of the following scenarios by using the three$-$stage growth model of Spreadsheet $18\mathrm{.}1.$ Treat each scenario independently.

Required:

a$.$The terminal growth rate will be $6\mathrm{.}4\%.$

Note: Round your answer to $2$ decimal places.

b$.$Toyota$$s actual beta is $0\mathrm{.}95.$

Note: Round your answer to $2$ decimal places.

The market risk premium is $9\mathrm{.}4\%.$

Note: Round your answer to $2$ decimal places.