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Given the following information below, what is the intrinsic value of F&G Sporting Goods using a dividend discount model? Expected Earnings per share is $10.00,

Given the following information below, what is the intrinsic value of F&G Sporting Goods using a dividend discount model?

Expected Earnings per share is $10.00, EPS(1) = $10.00

The Payout Ratio is 50%

The long-tern constant growth rate for dividends is 4%

The discount rate (per CAPM) is 12%

Round your answer to 2 decimal places and exclude the $ sign Ex. 21.20

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