Question
Rylan Industries is expected to pay a dividend of $5.20 year for the next four years. If the current price of Rylan stock is
Rylan Industries is expected to pay a dividend of $5.20 year for the next four years. If the current price of Rylan stock is $32.10, 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? O A $22.90 O B. $28.63 Oc. $80.16 O D. $51.53
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