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Rylan Industries is expected to pay a dividend of $5.50 year for the next four years. If the current price of Rylan stock is $32.97,
Rylan Industries is expected to pay a dividend of $5.50 year for the next four years. If the current price of Rylan stock is $32.97, 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? O A. $71.65 OB. $25.59 OC. $20.47 OD. $46.06
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