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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 $66 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 $66 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? O A. $60.00 B. $61.36 O C. $4.6 O D. $6.00
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