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Intelligence Corp. (IC) pays an annual dividend of $2.00 per share. IC announced it will start to grow the dividend by 15% per year

Intelligence Corp. (IC) pays an annual dividend of $2.00 per share. IC announced it will start to grow the 

Intelligence Corp. (IC) pays an annual dividend of $2.00 per share. IC announced it will start to grow the dividend by 15% per year from now on. If IC's shareholders require a 20% return on common shares, what should one share of IC stock sell for? Select one $40.00 $10.00 $15,53 $46.00

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