O Points: 0 of 1 Save Nextbig Corp currently has sales of $870 milion sales are expected to grow by 20% next year (year 1). For the year after next (year 2), the growth rate in sales is expected to equal 13%. Over each of the next 2 years, the company is expected to have a net profit margin of 11% and a payout ratio of 47%, and to maintain the common stock outstanding at 25.49 million shares. The stock always trades at a PE of 15.19 eamings, and the investor has a required rate of return of 19%. Given this information a. Find the stock's intrinsic value (its justified price) b. Use the RR approach to determine the stock's expected retum, given that it is currently trading at $45.60 per share. c. Find the holding period retums for this stock for year t and for year 2 a. The intrinsic value of the stock is $ (Round to the nearest cont.)