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12. Indigo Environment Corp. just paid a dividend of $1 per share. The dividends are expected to grow at 25% for the next eight years

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12. Indigo Environment Corp. just paid a dividend of $1 per share. The dividends are expected to grow at 25% for the next eight years and then level off to 7% growth rate indefinitely. If the required return is 10%, what is the stock price of the bank today? (10 points)

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