SanData Inc. recently paid its annual dividend of $$2\mathrm{.}1.$ Dividends have consistently grown at

a rate of $6\%.$ You estimate that the stock has a required return of $15\%.$ 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 $33\mathrm{.}4348$ ENTER IT AS

$33\mathrm{.}48$ ONLY