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Rylan Industries is expected to pay a dividend of $5.90 year for the next four years. If the current price of Rylan stock is $31.35,
Rylan Industries is expected to pay a dividend of $5.90 year for the next four years. If the current price of Rylan stock is $31.35, 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. $21.13 B. $16.90 O C. $59.16 O D. $38.03
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