Problem #2: Stock Valuation using a Dividend Discount Model Roadrunner Enterprises is expected to grow its dividends and earnings at Various rates. The company just paid a cash dividend of $3.00 per share. The company expects to grow its dividend at 18% for the next two years, then at 10% for the following three years, after which the company expects to grow at a constant rate of 8% per year indefinitely. If the required rate of return on Roadrunner's common stock is 15%, then what is the Fair Market Value (FMV) of the stock now? Show a timeline of the cash flows. Don't forget the titlel Show the dividends. Show the equation that is used to calculate the stocks' Fair Market Value (FMV). Ir the stock now trades at $50.00 per share, is it rich or cheap