I believe that the answer is found using Div. discount model.... please show all work... I will give a upvote!

You have a required rate of return of 10.45% and believe this is consistent with other investors preferences. You are evaluating a fast-food chain whose earnings next year are expected to be $18.40 per share. You observe that the average peer has a P/E ratio of 22.88x. While your company has a similar payout ratio to peers of 42%, your company has an ROE 2.45 percentage points higher than peers. Estimate the intrinsic value of your company