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Rylan Industries is expected to pay a dividend of $6.00 year for the next four years. If the current price of Rylan stock is $31.50,

Rylan Industries is expected to pay a dividend of $6.00 year for the next four years. If the current price of Rylan stock is $31.50, and Rylan's equity cost of capital is 14%, what price would you expect Rylan's stock to sell for at the end of the four years?
A. $23.68 B. $18.94 C. $66.30 D. $42.62

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