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Elsa Incorporated has a current stock price of $105.07 and is expected to pay a dividend of $5.00 in one year. If Elsa's equity cost
Elsa Incorporated has a current stock price of $105.07 and is expected to pay a dividend of $5.00 in one year. If Elsa's equity cost of capital is 9.1%, what is the expected stock price immediately after Elsa Incorporated pays the dividend?
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