Given the information below. Calculate the intrinsic value of the stock price for Herbalife Nutrition Ltd using the constant growth dividend model.
- Risk-free rate =2.00%
- Beta = 1.38
- Market return =10%
- Last Dividend payout =1.50
- Return on Equity =13%
- Payout Ratio =45%

O 18.49
O 28.71
O 17.61
O 30.01
O 27.29