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Rylan Industries is expected to pay a dividend of $5.30 year for the next four years. If the current price of Rylan stock is $31.08,
Rylan Industries is expected to pay a dividend of $5.30 year for the next four years. If the current price of Rylan stock is $31.08, and Rylan's equity cost of capital is 12%, what price would you expect Rylan's stock to sell for at the end of the four years? OA. $23.57 OB. $42.43 O C. $18.86 D. $66.00
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