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

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Matilda Industries pays a dividend of $1.95 per share and is expected to pay this amount indefinitely. If Matilda's equity cost of capital is 13%, which of the following would be expected to be closest to Matilda's stock price? A. $9.00 B. $12.00 C. $15.00 D. $18.75

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