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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

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?

Question 5 options:

	$23.46
	$23.00
	$23.46
	$22.68
	$26.58

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