use 638

IMNO's latest four quarters dividend =$3.28 (total). Assume that for the next 4 years the annual dividend growth rate = the last three digits of your student ID X.01. (For example if student ID is 000366638 , then 638.01 =6.38%) Assume that growth rate thereafter and into perpetuity = growth rate applied for 4 years as indicated above +2%. The risk-adjusted discount rate =13.50%, what is the estimated intrinsic value of IMNO if applying the two stage dividend-discount model