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Credenza Industries is expected to pay a dividend of $1.50 at the end of the coming year. It is expected to sell for $69 at

Credenza Industries is expected to pay a dividend of $1.50 at the end of the coming year. It is expected to sell for $69 at the end of the year. If its equity cost of capital is 10%, what is the expected capital gain from the sale of this stock at the end of the coming year? A. $6.27 B. $62.73 C. $64.09 D. $4.91

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