Question: this is my third time to post the question ! Problem 18-15 Calculate the intrinsic value of GE in each of the following scenarios by



this is my third time to post the question !
Problem 18-15 Calculate the intrinsic value of GE in each of the following scenarios by using the three-stage growth model of Spreadsheet 18.1. Treat each scenario independently. a. The terminal growth rate will be 10.70%. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Intrinsic value 100 b. GE's actual beta is 1.07. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Intrinsic value $ 36.39 c. The market risk premium is 10.80%. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Intrinsic S 20.76 value Term value 1 Inputs for GE 2 beta 3 mkt_prem 4 rf | 1.11 0.08 0.025 0.11301 0.0601 SK_equity 6 term gwth Year Dividend Div growth 2017 1.041 2018 1.23 2019 1.41 2020 1.60 2021 1.85 0.1544 2022 2.11 0.1450 2023 2.40 0.1355 2024 2.70 0.1261 2025 3.02 0.1166 2026 3.34 0.1072 20271 3.671 0.0978 2028 0.0883 2029 4.31 0.0789 2030 4.61 0.0694 2031 4.89 0.0600 2032 5.18 0.0600 Investor CF 104 1.23 1.41 1.60 1.85 2.11 2.40 2.70 3.02 3.34 3.67 3.99 4.311 4.61 4.89 108.75 12 Value line 1 13 forecasts of 14 annual dividends 3.99 103.57| 17 Transitional period 18 with slowing dividend 19 growth Beginning of constant growth period 35.70 = PV of CF E17 *(1+F17V(B5 - F17) NPV(B5, H2:H17)
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