You estimate that Company X will have earnings per share (EPS) of $3.00 next year and EPS of $3.60 in year 2. You also estimate that Company X will sell at $60 in two years. The dividendpayout ratio is expected to be 30%. a) What is your estimation of the intrinsic value of Company X if your required rate of return is7.0%b) If Co. X is currently trading at $50, what is the expected rate of return based on yourestimates?