Rajesh robots inc. just paid a dividend of $1.00 per share. The dividend is expected to grow at a rate of 27% per year for the next three years and then to level off to 5% per year forever. You think the appropriate market capitalization rate for rajesh robots is 22% per year

Estimate the non-constant growth dividends

What is the horizon value(terminal value) in three years?

What is the intrinsic value of a share of the stock?