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Rylan Industries is expected to pay a dividend of $5.40 year for the next four years. If the current price of Rylan stock is $31.56,
Rylan Industries is expected to pay a dividend of $5.40 year for the next four years. If the current price of Rylan stock is $31.56, 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? O A. $70.76 B. $25.27 C. $20.22 D. $45.49
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