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QUESTION 12 A stock is expected to pay $5 per share every year indefinitely. The current price of the stock is $1000. The equity cost
QUESTION 12 "A stock is expected to pay $5 per share every year indefinitely. The current price of the stock is $1000. The equity cost of capital for the company is 10%. What price would an investor be expected to pay per share 6 years into the future? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an
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