Question: can you answer this question for me please? Using a two-stage dividend discount model, compute the intrinsic value using the following information about a stock:

can you answer this question for me please?

Using a two-stage dividend discount model, compute the intrinsic value using the following information about a stock:

Current price per share = 23.29

Current annual dividend per share = 1.64

Annual dividend growth rate for Years 14 = 7.00%

Annual dividend growth rate for Years 5+ = 4.00%

Required rate of return = 10.00%

(Enter your answer as a number with two decimal places, like this: 12.34)

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