Stocks that don't pay dividends yet

Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $$1\mathrm{.}75000$ dividend at that time $)=($$$1\mathrm{.}75000$ and believes that the dividend will grow by $9\mathrm{.}10000\%$ for the following two years $(D_4$ and $D_5).$ However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of $3\mathrm{.}48000\%$ per year.

Goodwin's required return is $11\mathrm{.}60000\%.$ Fill in the following chart to determine Goodwin's horizon value at the horizon date $($when constant growth begins$)$ and the current intrinsic value. To increase the accuracy of your calculations, do not round your intermediate calculations, but round all final answers to two decimal places.

$\backslash$table$[[$Term$,$Value$],[$Horizon value,grad