Estimating the implied end-of-year share price what is the, Financial Management

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Estimating the implied end-of-year share price what is the

Estimating the Implied End-of-Year Share Price

Assume that a company’s beginning-of-period price is $15 per common share, its dividends are $1 per share, and its expected cost of equity capital is 10%. What is the expected end-of-period price per common share?

Round answer to two decimal places.

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