Question: NEED HELP ASAP will rate(: A stock is expected to pay $1.40 per share every year indefinitely and the equity cost of capital for the

NEED HELP ASAP will rate(: NEED HELP ASAP will rate(: A stock is expected to pay $1.40

A stock is expected to pay $1.40 per share every year indefinitely and the equity cost of capital for the company is 8.5%. What price would an investor be expected to pay per share ten years in the future? A. $24.71 B. $41.18 C. $32.94 D. $16.47

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