Rylan industries is expected to pay a dividend of 550 year


Rylan Industries is expected to pay a dividend of $5.50 year for the next four years. if the current price of Rylan stock is $32.53, and Rylan's equity cost of capital is 13%, what price would you expect Rylan's stock to sell for at the end of the four years?

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Finance Basics: Rylan industries is expected to pay a dividend of 550 year
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