You've just done some analysis on a publicly traded company and some of your key findings are below. The company; 1. Operates in a highly innovative and high growth industry which is expected to continue for the next 5 years before the industry matures 2. The company is an industry leader with some of the best metrics relative to peers 3. Has an ROE of 15% 4. Operates in a world where GDP is approximately 5% 5. Does not pay a dividend Given these considerations, what is the most appropriate sustainable growth rate (terminal value growth rate) to use for this company? 1% 15% 7% 3%