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Company B is expected to pay dividends of $2 every 6 months for the next 6 years. If the current price of Company B stock
Company B is expected to pay dividends of $2 every 6 months for the next 6 years. If the current price of Company B stock is $50, and Company B's equity cost of capital is 10%. What price would you expect the stock to sell for at the end of 6 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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