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

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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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 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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