Fowler and Woods Enterprises is a publicly traded company that just paid a $2.00 per share dividend. The company is espected to increase its dividend by 30% per year for the next two years. After the second year. the dividend growth rate will be 5% per year for the next two years. After the 4th year, dividends are expected to grow at a constant rate of 3% into the foreseeable future. An analyst estimates that investon in the firm will require a 12% annual return. Based on this information, what is the intrinsic value of the stock today? $41.42 $29.68 $31.70 $34.31 $37.01