An investor expects the Bank of New York Mellon Corp. to increase its dividend by 6% per year for the next 20 years. Investors expect the company to earn $5.00 per share in 2024 (Year 1) and pay a dividend of $1.65. The payout ratio is expected to remain the same at 33%. After receiving the dividend in Year 20, the investor expects to sell the stock for $140. If the investors's required return is 9%, what is the intrinsic value of this stock