Analysts project that dividends for Industrial Amalgamated will be $3.00 per share next year and are expected to grow at 2.50% per year indefinately. If investor's have a required return of 10.5%, how much should the stock sell for?

Question 3 options:

	$37.50
	$16.70
	$16.14
	$15.12
	$14.39

Consolidated Industries' preferred stock just paid an annual dividend of $2.00 per share. If investors require an 10% return on the preferred stock how much should it sell for?

Question 4 options:

	$20.00
	$19.40
	$21.30
	$22.10
	$18.90