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Design a spreadsheet similar to the one below to compute the value of a variable growth rate firm over a five-year horizon. (Do not round

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Design a spreadsheet similar to the one below to compute the value of a variable growth rate firm over a five-year horizon. (Do not round intermediate calculations. Round your answers to 2 decimal places.) a. What is the value of the stock if the current dividend is $2.0, the first stage growth is 14%, the second stage growth is 7%, and the discount rate is 12%? Year 1 Year 2 Year 3 Year 4 Year 5 Projected dividend Terminal price Present value b. What is the value of the stock if the current dividend is $2.0, the first stage growth is 2%, the second stage growth is 14%, and the discount rate is 16.0%? Year 1 Year 2 Year 3 Year 4 Year 5 Projected dividend Terminal price Present value c. What is the value of the stock if the current dividend is $4.0, the first stage growth is 12%, the second stage growth is 6%, and the discount rate is 10%? Year 1 Year 2 Year 3 Year 4 Year 5 Projected dividend Terminal price Present value

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