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Problem 18-15 Calculate the intrinsic value of GE in each of the following scenarios by using the three-stage growth model of Spreadsheet 181. Treat each

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Problem 18-15 Calculate the intrinsic value of GE in each of the following scenarios by using the three-stage growth model of Spreadsheet 181. Treat each scenario independently. a. The terminal growth rate will be 10.00%. (Round your answer to 2 decimal places.) Intrinsic value b. GE's actual betais 1.02.(Round your answer to 2 decimal places.) Intrinsic value c. The market risk premium is 10.10% (Round your answer to 2 decimal places.) D H Div growth Term value 1 Inputs for GE 2 beta 3 mkt_prem 4 If 5 k equity 6 term wth 0.08 0.025 0.1130 0.060 Year 2017 2018 2019 2020 2021 2022 2023 Dividend 1.04 1.23 1.41 1.60 Investor CF 1.04 1.23 1.41 1.60 1.85 2.11 40 2024 .70 2025 2026 1.02 3.34 3.67 3.99 0.1544 0.1450 0.1355 0.1261 0.1166 0.1072 0.0978 0.0883 0.0789 0.0694 0.0600 0.0600 2027 4.31 12 Valueline 13 forecasts of 14 annual dividends 15 16 17 Transitional period 18 with slowing dividend 19 growth Beginning of constant growth period 2028 2029 2030 2031 2032 4.61 4.891 5.18 103.57 1 08.75 35.70 PV of CF E17 (14512VIAS NPV(B5, H2:H17)

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