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A stock is expected to pay $ 0.90 per share every year indefinitely. If the current price of the stock is $ 17.20?, and the
A stock is expected to pay $ 0.90 per share every year indefinitely. If the current price of the stock is $ 17.20?, and the equity cost of capital for the company that released the shares is 6.9?%, what price would an investor be expected to pay per share five years into the? future?
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