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Sunnytax Publishing pays out all its camins and has a share price of 538.00. In order to expand, Sunnylux Pushing decides to its dividend from
Sunnytax Publishing pays out all its camins and has a share price of 538.00. In order to expand, Sunnylux Pushing decides to its dividend from $3.00 to $2.00 per share and rest the retained funds. Once the funds are reinvested, they are expected to grow at a rate of 10%. If the reinvestment does not edt Sunny's equity cost of capital, what is the expected share price as a consequence of this decision O A $34.82 OB 224 OG $43.53 OD $30.47
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