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Consolidated Industries just paid a dividend of $ 1 . 2 5 per share. Dividends are expected to grow at 2 % per year forever.

Consolidated Industries just paid a dividend of $1.25 per share. Dividends are
expected to grow at 2% per year forever. If investor's have a required return of 8%,
how much should the stock sell for 5 years from today?
$23.46
$23.00
$23.46
$22.68
$26.58
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