Lexington Corporation recently paid its annual dividend of $1.40. Dividends have consistently grown at a rate of 5%. The stock has a beta of 0.88. The current risk-free rate is 1.59% and the market return is 10.9%. Assuming that CAPM holds, what is the intrinsic value of this stock? DO NOT ENTER THE $ SIGN. ALSO. ENTER YOUR ANSWER AS A POSITIVE NUMBER. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO TWO DECIMAL PLACES AT THE END. i.e. IF YOUR ANSWER IS 33.4667 ENTER IT AS 33.47 ONLY