Question: Urgent!!! Please answer within one hour. A stock is expected to pay $0.75 per share every year indefinitely. If the current price of the stock

 Urgent!!! Please answer within one hour. A stock is expected to

Urgent!!! Please answer within one hour.

A stock is expected to pay $0.75 per share every year indefinitely. If the current price of the stock is $18.50, and the equity cost of capital for the company that released the shares is 7.8%, what price would an investor be expected to pay per share five years into the future? OA. $15.87 B. $16.35 OC. $9.6 D. $15.39

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