You are given the following information for Magic Media Solutions (MMS). Dividends Per Share Year ROE 2016 $0.95 16.60% 2017 $1.37 18.73% 2018 $1.49 21.39% 2019 $1.62 21.23% 2020 $1.72 27.97% MMS's most recent dividend was just paid a couple of days ago and the current stock price is $130.06. The dividend payout ratio is 23.53% and the firm's beta is 0.51. Assume the risk-free rate of return is 2.97% and the return on the market is 12.05%. Calculate the value of the stock according to the h-model. Show your calculations You are given the following information for Magic Media Solutions (MMS). Dividends Per Share Year ROE 2016 $0.95 16.60% 2017 $1.37 18.73% 2018 $1.49 21.39% 2019 $1.62 21.23% 2020 $1.72 27.97% MMS's most recent dividend was just paid a couple of days ago and the current stock price is $130.06. The dividend payout ratio is 23.53% and the firm's beta is 0.51. Assume the risk-free rate of return is 2.97% and the return on the market is 12.05%. Calculate the value of the stock according to the h-model. Show your calculations