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Required: Deployment Speclallsts pays a current ( annual ) dividend of $ 1 and is expected to grow at 2 5 % for two years

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Deployment Speclallsts pays a current (annual) dividend of $1 and is expected to grow at 25% for two years and then at 5% thereafter. If the required return for Deployment Speclalists is 110%, what Is the intrinsic value of Its stock? (Do not round intermedlate calculations. Round your answer to 2 decimal places.)
Intrinsio value
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