Consolidated Industries paid an annual dividend of $4.40 per share last month. Today, the company announced that future dividends will be increasing by 2.0 percent annually. If you require a 14.2 percent rate of return, how much are you willing to pay to purchase one share of this stock today? $36.07$36.79$37.89$38.63$33.48 You are considering investing in a rapidly growning firm. Yesterday, it paid a $5.5 dividend, and you expect its dividends to grow at 8.2% for the next five years. Beyond that, you estimate dividends will grow at a constant 3% per year, and your required return is 19%. What is the most you would be willing to pay for the stock? (Do not round intermediated calculations.) $38.58$40.29$43.72$42.86$41.15 Industrial Consolidated just issued some new preferred stock. The issue will pay a $7 annual dividend in perpetuity, beginning 8 years from now. If the market requires a 8.75 percent return on this investment, how much does a share of preferred stock cost today? $40.89 $44.47 $43.14 $45.36 $45.98