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Consolidated Industrial is growing quickly. Dividends are expected to grow at a 10 percent rate for the next 3 years, with the growth rate falling

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Consolidated Industrial is growing quickly. Dividends are expected to grow at a 10 percent rate for the next 3 years, with the growth rate falling off to a constant 3.25 percent thereafter. \$If the required return is 14.5 percent and the company just paid a $0.80 dividend. what is the current share price? (Do not round your intermediate calculations.) $8.29 $8.99 $8.90 $8.73 $8.46 Amalgamated Industries currently pays no dividends. It will begin paying dividends in 8 years. Its first dividend will be $9.50, and future dividends will grow at 4.1% per year. If investors require a 13.6% return, what is the current stock price? $43.01$36.06$42.19$44.24$40.96 Industrial Industries paid an annual dividend of $1.55 per share last month. Today, the company announced that future dividends will be increasing by 3.40 percent annually. If you require a 8.7 percent rate of return, how much are you willing to pay to purchase one share of this stock today? $29.25$30.24$28.43$29.03$27.52

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