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Rylan Industries is expected to pay a dividend of $5.10 year for the next four years. If the current price of Rylan stock is $32.68,
Rylan Industries is expected to pay a dividend of $5.10 year for the next four years. If the current price of Rylan stock is $32.68, and Rylan's equity cost of capital is 13%, what price would you expect Rylan's stock to sell for at the end of the four years? OA. $51.39 B. $28.55 C. $79.94 OD. $22.84
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