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Last week, Amalgamated Industries paid its annual dividend of $0.80. If the dividend is expected
to grow at 2.4% per year going forward and investors require a return of 14%, what price should
this stock sell for?
Question 5 options:
$6.90
$7.63
$7.42
$7.27
$7.06
$6.90
$7.63
$7.42
$7.27
$7.06

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  • 1. Last week, Amalgamated Industries paid its annual dividend of $0.80. If the dividend is expected to grow at 2.4% per year going forward and investors require a return of 14%, what price should this stock sell for? Question 5 options: $6.90 $7.63 $7.42 $7.27 $7.06 $6.90 $7.63 $7.42 $7.27 $7.06