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Question number 10 A stock is expected to pay $1.60 per share every year indefinitely and the equity cost of capital for the company is

Question number 10

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A stock is expected to pay $1.60 per share every year indefinitely and the equity cost of capital for the company is 8.9%. What price would an investor be expected to pay per share ten years in the future? O A. $17.98 O B. $44.95 O C. $26.97 OD. $35.96

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