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Deployment Specialists will pay a ( annual ) dividend of $ 1 next year and is expected to grow at 1 8 % for the

Deployment Specialists will pay a (annual) dividend of $1 next year and is expected to grow at 18% for the one year that follows and then at 5% thereafter. If the required return for Deployment Specialists is 8.0%, what is the intrinsic value of its stock?

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