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cost of equity is annual effective Company B is expected to pay dividends of $2.5 every 6 months for the next 4 years. If the

cost of equity is annual effective

Company B is expected to pay dividends of $2.5 every 6 months for the next 4 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 4 years?

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