Please estimate the per share price of the company ExelonCorporation (Ticker symbol is EXC) using a dividend discount model. Assume that the dividend growth will be subject to two stages. During the first stage, the dividend will grow at the appropriate rate of our choice during the next three years. During the second stage, the dividend will grow at the appropriate long-term rate- of your choice- forever. For simiplicity assume that quartelry dividends are paid annually as a lump sum. It is your responsibility to justify the calibration of your model that is consistent with current market conditions (appropriate short-term growth rate, long-term growth rate, beta, risk-free rate, market risk-premium). You can consult finance.yahoo.com for market and company level information. How does your price compare to the most recent market stock price? Do you recommend buying or selling? How confident are you with your calculation? Note: Please remember that unreasonable ad-hoc assumptions or references to obscure sources -determined by the instructor's judgment- will be considered as an error