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Company B is expected to pay dividends of $1 every 6 months for the next 10 years. If the current price of Company B stock
- "Company B is expected to pay dividends of $1 every 6 months for the next 10 years. If the current price of Company B stock is $20, and Company B's equity cost of capital is 15%. What price would you expect the stock to sell for at the end of 10 years? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer."
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