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Using the three-stage DDM, what is the intrinsic value of a firm with current dividends of 3.72 per share, a discount rate of 0.11 ,

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Using the three-stage DDM, what is the intrinsic value of a firm with current dividends of 3.72 per share, a discount rate of 0.11 , and growth for the first 4 years of 0.095 , after which growth will decline at a constant rate until year 9 and then the firm will grow indefinitely at a rate of 0.04 ? 74.27 70.37 78.20 85.74 81.77

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