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Problem 18-18 Calculate the intrinsic value of Rio Tinto in each of the following scenarios by using the three-stage growth model of Spreadsheet 18.1

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Problem 18-18 Calculate the intrinsic value of Rio Tinto in each of the following scenarios by using the three-stage growth model of Spreadsheet 18.1 Treat each scenario independently. The terminal growth rate will be 10.10%. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Intrinsic value 106.13 b. Rio Tinto's actual beta is 1.03. (Round your answer to 2 decimal places.) Answer is complete and correct. Intrinsic value $ 142.71 c. The market risk premium is 9.30% (Round your answer to 2 decimal places.) Intrinsic value Answer is not complete.

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