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QUESTION 6 A stock is expected to pay $8 per share every year indefinitely. The current price of the stock is $20. The equity cost

QUESTION 6 "A stock is expected to pay $8 per share every year indefinitely. The current price of the stock is $20. The equity cost of capital for the company is 15%. What price would an investor be expected to pay per share 2 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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