You identify a stock trading at $105, and you expect year-end dividends over the next 3 years to be $2, $4, and $6. At the time the last of your expected dividends are paid, you expect the shares will be trading at $150. (a.) What is the intrinsic value of a share? (b.) Should you purchase these shares given the intrinsic value relative to the current share price? Assume the required rate of return on these shares is 20% given their level of systematic risk.