Do the computations for the example below. Show the computations step by step, so Mr. Hillbrandt can easily follow your examples. 1. The company’s common stock dividends are anticipated to grow at a constant 5.5% growth rate per year going forward. The company just paid an annual dividend (that is, D-zero) of $3 per share. What’s the intrinsic value of the stock based on the following required rates of return? 1.6% 2.8% 3.10% 4.12% 2. If the stock is currently selling for $40 per share, is the stock a good buy? Interpret the results and justify your decision. 3. The company just paid an annual dividend of $1.50 per share. Dividends are anticipated to grow at a stable rate of 10% per year forever. The stock’s beta is 1.2, the risk-free rate is 4%, and the expected return on the overall stock market is 11%. What is the intrinsic value of the company’s common stock?