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If STC has a current stock price of $71.98 and will pay a $4.36 dividend in one year, its equity cost of capital is
If STC has a current stock price of $71.98 and will pay a $4.36 dividend in one year, its equity cost of capital is 18%. What price must you expect STC stock to sell after the firm pays the dividend in one year to justify its current price? OA $80.14 OB. $79.27 OC. $81.45 00. $80.58
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
