Stock Valuation Using DDM Dana Marsden is considering investing in the common shares of Blue Ice Ltd. Dividends are currently CAD 4.00 per year and are expected to grow at 11.0% per year for two years followed by steady growth of 3.0% per year in perpetuity. Blue Ice's beta is 1.15. The risk-free rate is 2.5% and the market risk premium is 5.0%. The intrinsic value of Blue Ice's common share is closest to: Select one: a. CAD 79.36. b. CAD 90.82 C. CAD 105.00