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Formula 1 Corp. has a current growth rate equal to 2.2% before linearly increasing over 4 years to 5.7% into perpetuity. If the current dividend

Formula 1 Corp. has a current growth rate equal to 2.2% before linearly increasing over 4 years to 5.7% into perpetuity. If the current dividend is 5.47%, and the cost of equity is 10%, what is the implied intrinsic value of equity?

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