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34. Escape to the Sun Tours (E2ST) stock price is expected to be $89 4 years from today immediately after paying a dividend of $5.

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34. Escape to the Sun Tours (E2ST) stock price is expected to be $89 4 years from today immediately after paying a dividend of $5. If its equity cost of capital is 14%, what price would you expect to pay for the stock today? A) $52.70 B) $63.45 C) $55.66 D) $60.07

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