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Coolibah Holdings is expected to pay dividends of $1.10 every six months for the next three years. If the current price of Coolibah stock is
Coolibah Holdings is expected to pay dividends of $1.10 every six months for the next three years. If the current price of Coolibah stock is $22.20, and Coolibah's equity cost of capital is 14%, what price would you expect Coolibah's stock to sell for at the end of three years? O A. $29.27 O B. $25.45 O C. $30.54 O D. $28.00
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