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You have gathered the following financial data for BBC Company. The forecasts for the growth rate will vary over the next four years g 1

You have gathered the following financial data for BBC Company.
The forecasts for the growth rate will vary over the next four years
g1
20.00%
g2
25.00%
g3
30.00%
g4
12.00%
and then resort back to a normal growth rate of
0.05%
The current dividend is
$4.00
The expected rate of return over this time period is
12.50%
What is the intrinsic value of this variable growth stock?
Round answer to 2 decimal places.
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