Save Noxtbiq Corp. currently has sales of $870 million, sales are expected to grow by 26% next year (year 1). For the year after next year 2) the growth rate in sales is expected to equal 13% Over each of the next 2 years, the company is expected to have a net profit margin of 11% and a payout ratio of 47% and to maintain the common stock outstanding at 25.49 million shares. The stock always trades at a PE of 15.19 times earnings, and the investor has a required rate of return of 19%. Given this information: a. Find the stock's intrinsic value (its justified price) b. Use the IRR approach to determine the stock's expected return, given that it is currently trading at $45.60 per share. c. Find the holding period returns for this stock for year 1 and for year 2 a. The intrinsic value of the stock is $. (Round to the nearest cont.)