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Big Ten Inc. announced today it will grow its dividend by 50% for the next 2 years then grow by 25% for another 2 years

Big Ten Inc. announced today it will grow its dividend by 50% for the next 2 years then grow by 25% for another 2 years and finally after that it's growth will continue indefinitely at 7.5% thereafter. Big Ten just paid a dividend today of $1. If you believe the appropriate required rate of return on the stock is 12% what would you be willing to pay for the stock?

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