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Matilda Industries pays a dividend of $2.40 per share and is expected to pay this amount indefinitely. If Matilda's equity cost of capital is 13%,

Matilda Industries pays a dividend of $2.40 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? O A. $23.08 OB. $11.08 OC. $14.77 D. $18.46

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