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Please show all calculations if any. Will give a THUMBS UP! thank you Use the information below and the Two-stage Growth Model to find Axis

Please show all calculations if any. Will give a THUMBS UP! thank you

Use the information below and the Two-stage Growth Model to find Axis Capitals intrinsic value. Forecast its cash flows from t+1 to t+3. If its current price is $37.54, is it over or under valued?

t

t+1

t+2

t+3

t+4

Beta

0.80

ROE

0.09

0.08

0.08

0.08

DPO

0.37

0.34

0.34

0.34

Div

$1.64

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