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Using a Residual Income Model (RIM), where residual income grows at rate LaTeX: g_sg s for n=6 years and rate LaTeX: gg thereafter, compute the

Using a Residual Income Model (RIM), where residual income grows at rate LaTeX: g_sg s for n=6 years and rate LaTeX: gg thereafter, compute the intrinsic value per share for Acme Inc. given the following information from their most recent financial statement:

Item Value
B V 1 (per share) 11.86
B V 0 (per share) 12.15
N I 0 (per share) 3.59
g s 12.38 %
g 4.44 %
R c s 11.28 %

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