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Consolidated Industries just paid a dividend of $2.25 per share. Dividends are expected to grow at 3.4% per year indefinately. If investor's have a required
Consolidated Industries just paid a dividend of $2.25 per share. Dividends are expected to grow at 3.4% per year indefinately. If investor's have a required return of 9.85%, how much should the stock sell for?
Question 2 options:
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$36.07
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$34.88
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$22.84
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$21.64
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$23.60
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