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A stock is expected to pay $0.7 per share every year indefinitely. The current price of the stock is $18.9. The equity cost of capital

A stock is expected to pay $0.7 per share every year indefinitely. The current price of the stock is $18.9. The equity cost of capital for the company is 7.9%. What price would an investor be expected to pay per share 5 years into the future?

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