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Assume DEF Co.'s dividend growth rate of 7.5% is only for the next five years, then the company will return to a level of growth

Assume DEF Co.'s dividend growth rate of 7.5% is only for the next five years, then the company will return to a level of growth like that experienced in more recent years of 10.0%. DEF Co.'s last four quarters dividends total $4.86 and the risk-adjusted discount rate is 13.23%.

What is the estimated intrinsic value of DEF Co.?

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