Question 3. Company BMI will experience a supernormal growth rate of 20% in the next two years. The growth rate will then level off to 4% from year 3 and beyond. The most recent dividend payment was $1.00 and the required rate of return for XYZ stock is! 10%. What is the intrinsic value of the BMI stock? Question 3 D1= D2= P2= PV div= PV price- Intrinsic Value