Pacor Industries recently paid its annual dividend $($$$2\mathrm{.}00).$ Dividends have consistently grown at a rate of $2\mathrm{.}70\%.$ Analysts estimate that the stock has a beta of $1\mathrm{.}00.$ The current riskfree rate is $2\mathrm{.}30\%$ and the market return $($RM$)$ is $10\mathrm{.}10\%.$ Assuming that CAPM holds, what is the intrinsic value of this stock?

$$27\mathrm{.}76$

$$28\mathrm{.}07$

$$29\mathrm{.}02$

$$29\mathrm{.}35$

$$27\mathrm{.}44$