Tammy identifies a stock trading at $100, and she expects year-end dividends over the next 4 years to be $1, $4, $6, and $8. At the time of her last forecasted dividend (the end of the year 4), she expects the dividends to grow indefinitely at 12%. (a.) What is the intrinsic value of a share? (b.) Should she purchase these shares based on the intrinsic value relative to the current share price? Assume the required rate of return on these shares is 17% given their level of systematic risk.