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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 $31.94,

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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 $31.94, 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? A. $44.87 B. $24.93 C. $19.94 OD. $69.80

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