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Acme Inc. just paid an annual dividend of 1 . 2 1 . You expect Acme to make a big push into the Internet -

Acme Inc. just paid an annual dividend of 1.21. You expect Acme to make a big push into the Internet-of-Things (loT) space during the next five years. As a result, you expect Acmes dividend growth will average 12.18% per year over the next five years. Presuming a required return of Rcs =8.76%, and a growth rate of 4.44% forever after year 5, what is Acme's intrinsic value (PO) based on the multi-growth dividend discount model?
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