Question: 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

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 4 options:

$37.50

$16.70

$16.14

$15.12

$14.39

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