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Acme Inc. just paid an annual dividend of 2.01. You expect Acme to make a big push into the Internet-of-Things (IoT) space during the next

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Acme Inc. just paid an annual dividend of 2.01. You expect Acme to make a big push into the Internet-of-Things (IoT) space during the next four (4) years. As a result, you expect Acme's dividend growth will average 13.05 % per year over the next n=4 years. Presuming a required return of Rcs = 10.65 %, and a growth rate of 4.44% forever after year four (4), what is Acme's intrinsic value (PO) based on this multi-growth dividend discount model? Drmular Minut

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