Deployment specialists pays a current annual dividend of 1, Financial Management

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Deployment specialists pays a current annual dividend of 1

Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 24% for two years and then at 5% thereafter. If the required return for Deployment Specialists is 9.5%, what is the intrinsic value of Deployment Specialists stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management: Deployment specialists pays a current annual dividend of 1

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Financial Management: Deployment specialists pays a current annual dividend of 1

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