Question: A stock is expected to pay $1 per share every year indefinitely. The current price of the stock is $20. The equity cost of capital

"A stock is expected to pay $1 per share every year indefinitely. The current price of the stock is $20. The equity cost of capital for the company is 7.9%. What price would an investor be expected to pay per share 5 years into the future? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer."

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