Plastic Pretzels stock recently paid a dividend of $$1\mathrm{.}31$ per share. The dividend growth rate is expected to be $6\mathrm{.}00\%$ indefinitely. Stockholders require a return of $12\mathrm{.}80\%$ on this stock.

a$.$ What is the current intrinsic value of Plastic Pretzels stock? $($Round your answer to $2$ decimal places.$)$

Intrinsic value

b$.$ What would you expect the price of this stock to be in one year if its current price is equal to its intrinsic value? $($Round your answer

to $4$ decimal places.$)$

Expected price

c$.$ If you were to buy Plastic Pretzels stock now and sell it after receiving the dividend one year from now, what would be your holding period return $($HPR$)?($Round your answer to $2$ decimal places. Indicate negative values with a minus sign.$)$

HPR

$\%$

d$.$ If you are able to purchase the stock for $$17\mathrm{.}70$ instead of its intrinsic value today, what would be the holding period return? $($Round your answer to $2$ decimal places. Indicate negative values with a minus sign.$)$

HPR