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I completed this problem using Yahoo finance for Target Corporation (TGT). My professor also said to use 12% for Rm-Rf. I completed the problem, but

I completed this problem using Yahoo finance for Target Corporation (TGT). My professor also said to use 12% for Rm-Rf. I completed the problem, but am not sure if i did it all correct (especially part C) Can you double check my work and correct and explain what I got wrong and how to fix it. Thanks so much! :)
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Choose a stock that interests you. Utilizing Bloomberg, Yahoo Finance, or Google Finance, etc. as a source of data, collect the following information: a. The stock's Beta b. Use the lyr market risk premium from Kenneth French's website c. The risk-free rate (rRF) d. The last dividend paid (D0) e. The annual expected growth rate of dividends (g) B. Use the Discounted Dividend Model for Constant Growth Stocks and solve for the intrinsic stock price (P0) Based on your above calculations, compare the calculated price with the current market price and indicate whether the stock price is overvalued, undervalued, or at equilibrium? Explain. C. Now, assume that your company has just released a new product and will be experiencing supernormal growth of 25% for the next three years. In Excel, use the information in "A" and the Discounted Dividend Model for Nonconstant Growth Stocks and solve for the intrinsic stock price (P0). 11/19/2012: Axdends =0.36.4=1.44 TW/14/2022: PV=FV/(1+r)t d.44=4.32/(1+r)10 =0.716.123 g=11.6% RMRt=12% osed the average enciz\% risk-free rate: 4.75 Re=4.75+1.02(12) =16.99 (B) D0=4.324=17.28 D1=D0(1+g) =17.28(1+1.1161)=36.5662 D1=36.57R=16.99g=0.1161 P0=D1/(Rg) 0=36.57/(16.990.1161)=2.1673

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