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ineed the intrinsic vlaue how to solve it? Indigo Ink Supply paid a dividend of $5 last year on its common stock. It is expected

image text in transcribed ineed the intrinsic vlaue how to solve it?
Indigo Ink Supply paid a dividend of $5 last year on its common stock. It is expected that this dividend will grow at a rate of 8.5% for the next five years. After that, the company will settle into a slower arowth pattern and plans to pay dividends that will grow at a rate of 3.8% per year. Investors require a return of 11.5% on the stock. a. What will be the dividend paid out for the next six years? (Round your answers to 4 decimal places.) $ $ 5.4250 5.8861 $ $ 6.3864 6.9292 7.5182 7.8039 $ $ b. What is the intrinsic value of Indigo's stock? (Round your answer to 2 decimal places.) Intrinsic value S 27.12

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