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10 pol QUESTION 12 A stock is expected to pay $6 per share every year indefinitely. The current price of the stock is $400. The

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10 pol QUESTION 12 "A stock is expected to pay $6 per share every year indefinitely. The current price of the stock is $400. The equity cost of capital for the company is 6%. What price would an investor be expected to pay per share 2 years into the future? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter soo as an

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