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Matilda Industries pays a dividend of $1.95 per share and is expected to pay this amount indefinitely. IfMatilda's equity cost of capital is 13%, which

Matilda Industries pays a dividend of $1.95 per share and is expected to pay this amount indefinitely. IfMatilda's equity cost of capital is 13%, which of the following would be expected to be closest toMatilda's stockprice?

A.

$15.00

B.

$18.75

C.

$12.00

D.

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Question

Matilda Industries pays a dividend of $1.95 per share and is expected to pay this amount indefinitely. IfMatilda's equity cost of capital is 13%, which

Matilda Industries pays a dividend of $1.95 per share and is expected to pay this amount indefinitely. IfMatilda's equity cost of capital is 13%, which of the following would be expected to be closest toMatilda's stockprice? A. $15.00 B. $18.75 C. $12.00 D.

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Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

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Matilda Industries pays a dividend of $1.95 per share and is expected to pay this amount indefinitely. IfMatilda's equity cost of capital is 13%, which of the following would be expected to be closest toMatilda's stockprice?

A.

$15.00

B.

$18.75

C.

$12.00

D.