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Industrial Consolidated is expected to pay a dividend of $4.20 per share next year. Dividends are expected to grow at 3.10% per year indefinately. If

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Industrial Consolidated is expected to pay a dividend of $4.20 per share next year. Dividends are expected to grow at 3.10% per year indefinately. If investor's have a required return of 11%, how much should the stock sell for? $53.16$54.81$39.37$38.18$49.26

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