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Credenza Industries is expected to pay a dividend of $1.30 at the end of the coming year. It is expected to sell for $66
Credenza Industries is expected to pay a dividend of $1.30 at the end of the coming year. It is expected to sell for $66 at the end of the year. If its equity cost of capital is 9%, what is the expected capital gain from the sale of this stock at the end of the coming year? A. $61.74 B. $5.45 C. $4.26 OD. $60.55
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