You're willing to buy DEF Co.'s stock. The stock currently trades at $130. The stock recently paid a quarterly dividend of $0.78 per share. Dividends are expected to grow at the rate of 10%, 15%, 11%, 12%,13% respectively, in the next five years. After that, the dividend growth rate will stabilize and dividends are expected grow at a constant rate of 8% forever. The current market discount rate on similar stocks is 10%. What is the intrinsic value of the stock? Should you buy the stock?

Cash flow (Div./ Price)	Year	Expected Div.	PV of Div.
D0	0
D1	1
D2	2
D3	3
D4	4
D5	5
Terminal Value (year 5)	5