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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 $31.28,
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 $31.28, and Rylan's equity cost of capital is 14%, what price would you expect Rylan's stock to sell for at the end of the four years? A. $22.18 B. $27.73 C. $49.91 D. $77.64
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