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A firm that has a current stock price of $117.15 and an equity cost of capital of 10% is expected to pay a dividend of
A firm that has a current stock price of $117.15 and an equity cost of capital of 10% is expected to pay a dividend of $4.50 in one year. What price does the market expect the firm's shares to sell for immediately after it pays the dividend? $121.65 $128.87 $113.06 $112.65 $124.37
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