Use the variable-growit model to presct the intrinsic value of the Rhytiom Company common stock Assume that dividends will grow at a variablo tate for the next three years R2019. 2020, and 2021). After that, the annual rate of growlh in dividends is expected to be 6% and stay there for the foreseeable future Starting with the latest (2018) annital devidend of 51.79 per share, Rhytrorris eamings and dividends are estanated to grow by 16% in 2019 , by 14% in 2020 , and by 9% in 2021021 bolore dropping to a 6% rato. Given the riak profile of the firm, assume a minimum required rate of return of at least 13% a. Calculate the projected annual gidends over the years 2019,2020 , and 2021 b. Delernine the present value of dividends during the inklal variable-growth period c. What do you belive the price of Rhyhorn stock will be at the end of the inital growth period (2021)? e. Desemine the total irtrintic value of Rhybom slock based on your previous calculations a. The projected annual dimdend for 2019 is 5 (Round to the nearest cent)