Question 3. Company PSM will experience a super growth rate of 25% in the next 3 years. The growth rate will thee level off to 5% from year 3 and beyond. The most recent dividend payment was $3.00 and the required rate of return for PSM stock is 10%. What is the intrinsic value of the PSM stock? Question 4. Fresno Company will pay a dividend of $4 per share next year, which will continue to grow at a constant rate forever. Current stock price is $50, and the required rate of return is 14%. What is the constant dividend growth rate