Dividends paid as follows:

Date Dividends

$31-$May$-23140\mathrm{.}30$

$30-$Nov$-2244\mathrm{.}85$

$01-$Jun$-22185\mathrm{.}35$

$01-$Dec$-2135\mathrm{.}80$

$02-$Jun$-21161\mathrm{.}00$

$04-$Dec$-20191\mathrm{.}80$

$04-$Dec$-1942\mathrm{.}80$

$05-$Jun$-19192\mathrm{.}00$

$1.$ Calculate the percentage change in the dividends.

$2.$ Calculate the compound quarterly growth rate of the dividends using the GEoMeaN function.

$3.$ Annualize the quarterly dividend growth rate.

$4.$ Calculate the intrinsic value of the share using a $22\%$ required rate of return and the calculated annual growth rate