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Matilda Industries pays a dividend of $1.80 per share and is expected to pay this amount indefinitely. If Matilda's equity cost of capital is 11%,

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Matilda Industries pays a dividend of $1.80 per share and is expected to pay this amount indefinitely. If Matilda's equity cost of capital is 11%, which of the following would be expected to be closest to Matilda's stock price? A. $20.45 B. $9.82 C. $13.09 D. $16,36

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