need help with part two

Problem 18 Intro IBM just paid an annual dividend of $3.9 per share. The dividend is expected to grow by 5% per year. The required rate of return is 12%. Part 1 - 1 Attempt 2/10 for 10 pts. What is the best estimate of the stock's intrinsic value? Correct P0=rsgD0(1+g)=0.120.053.9(1+0.05)=58.5 Part 2 B Attempt 1/10 for 10 pts. What is the best estimate of the stock's intrinsic value in 5 years