Driver Products recently paid its annual dividend (\$4.00), and reported an ROE of 15%, of which 50% is paid as dividends. The stock has a beta of 1.15. The current risk-free rate is 2.70% and the market return (RM) is 11.00%. Assuming that CAPM holds, what is the intrinsic value of this stock? \begin{tabular}{l} \hline$92.25 \\ \hline$83.63 \\ \hline$90.62 \\ $92.04 \\ $94.03 \end{tabular}