General Cereal common stock dividends have been growing at an annual rate of 7% per year over the past 10 years. The last dividend was $1.70 per share. What is the intrinsic value of a share of this stock to an investor who requires a 12% rate of return, under the following conditions: a) Dividends are expected to continue growing at the current rate indefinitely. b) The dividends are expected to decline at a constant rate of 6% per year forever