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Requlred: Deployment Specialists pays a current (annual) dividend of ( $ 1 ) and is expected to grow at 20 for two years and then

image text in transcribed Requlred: Deployment Specialists pays a current (annual) dividend of \\( \\$ 1 \\) and is expected to grow at \20 for two years and then at \4 thereafter. If the required return for Deployment Speclalists is \8.5, what is the Intrinsic value of Its stock? (Do not round Intermedlate calculations. Round your answer to 2 decimal places.)

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