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Coolibah Holdings is expected to pay dividends of $1.30 every six months for the next three years. If the current price of Coolibah stock is
Coolibah Holdings is expected to pay dividends of $1.30 every six months for the next three years. If the current price of Coolibah stock is $21.00, and Coolibah's equity cost of capital is 18%, what price would you expect Coolibah's stock to sell for at the end of three years? O A. $27.98 OB. $25.44 O c. $29.26 OD. $30.53
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