Marsh Berhad is experiencing a period of rapid growth. Dividends per share are expected to grow at a rate of 16% during the next 2 years, 14% in the third year and at a constant rate of 8% thereafter. Marsh Berhads last dividend, which has just been paid, was RM1.25. If the required rate of return on the stock is 12%, current P/E ratio is 40 and earnings per share is RM0.88. i. Calculate the intrinsic value of Marshs stock. ii. Would you buy Marsh Berhads share? Why?