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Amalgamated Industries just paid a dividend of $4.15 per share. Dividends are expected to grow at 3.75% per year indefinately. If investor's have a required

Amalgamated Industries just paid a dividend of $4.15 per share. Dividends are expected to grow at 3.75% per year indefinately. If investor's have a required return of 12%, how much should the stock sell for?

Question options:

	$52.19
	$50.30
	$34.58
	$69.42
	$67.50

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