Pi Web3 Corporation is expecting dividends to grow at a 10% rate p.a. for the next three years. The corporation just paid $3 dividend per share, and the next dividend will be paid one year from now. After three years of rapid growth, since year 4, dividends are expected to grow at a constant rate of 3% p.a. forever. The required rate of return is 14% p.a. 4 marks. What is the intrinsic value of Pi Web3 Corporations common stock today