(2) Make sure your final answer is bolded/highlighted so it's clear to me. Your new internship manager has asked you to estimate the Intrinsic Value of Microsoft's stock. As you know, Microsoft has been growing their cash and their dividends handsomely. For this exercise, assume the dividends pay annually, once per year. Using the inputs below, use a multi-stage DDM to estimate Microsoft's Intrinsic Price per share. Microsoft is currently trading at about $230 per share. Next year's dividend is expected to be $1.60 per share. Using your Quinnipiac-based Financial Knowledge, you estimate Microsoft will continue to grow its dividends aggressively for the next 3 years at 18% per year. Beginning in year 4, the growth rate will change to 5% per year in perpetuity. Microsoft's estimated cost of equity is 10%