Ch$\_13-$Algo Exam i

$1$ Required:

Deployment Specialists pays a current $($annual$)$ dividend of $$1$ and is expected to grow at $18\%$ for two years and then at $6\%$ thereafter. If the required return for Deployment Specialists is $8\mathrm{.}5\%,$ what is the intrinsic value of its stock? $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

$801$:$45$:$36$

Intrinsic value