Hello again, I'm really trying to figure out how you accomplished this, and I'm having trouble figuring our the Assumed growth rate. I have attached the spread sheet you provided, if you could provide an semi-in depth explanation that would be great.Thank you.

Cost of equity 8.4% Year 0 1 2 3 4 5 5 Dividend 3.82 4.584 5.2716 5.904192 6.376527 6.695354 127.4716 Assumed growth rate Discount factor 20% 15% 12% 8% 5% 3% 0.9224241306 0.8508662767 0.7848595856 0.7239734209 0.6678105534 0.6678105534 PV DDM price is 111.91 PV 4.228392 4.485427 4.633962 4.616436 4.471228 85.12689 107.5623