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Please try and break down how to solve this! equity cost of capital is 8.4% per year and its dividend payout ratio remains constant, for

Please try and break down how to solve this!

equity cost of capital is 8.4% per year and its dividend payout ratio remains constant, for what price does the dividend-discount model predict Highline stock should sell? The value of Highline's stock is $. (Round to the nearest cent.)

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Please try and break down how to solve this! equity cost of capital is 8.4% per year and its dividend payout ratio remains constant, for

Please try and break down how to solve this! equity cost of capital is 8.4% per year and its dividend payout ratio remains constant, for what price does the dividend-discount model predict Highline stock should sell? The value of Highline's stock is $. (Round to the nearest cent.)

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Please try and break down how to solve this!

equity cost of capital is 8.4% per year and its dividend payout ratio remains constant, for what price does the dividend-discount model predict Highline stock should sell? The value of Highline's stock is $. (Round to the nearest cent.)