A stock is expected to pay $2.30 per share every year indefinitely. The current price of the

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A stock is expected to pay $2.30 per share every year indefinitely. The current price of the stock is $27.78. The equity cost of capital for the company is 7.42%. What price would an investor be expected to pay per share 7 years into the future?.

NOTE: Enter the number rounding to two decimals. If your answer is $5.6786, your answer must be 5.68.

Posted Date: May 18, 2024 02:11 PM

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A stock is expected to pay $2.30 per share every year indefinitely. The current price of the

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