Solved: What price would expect stock to sell, Financial Accounting

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What price would expect stock to sell

Response to the following problem:

Rylan Industries is expected to pay a dividend of 5.20 for the next four years. If the current price of Rylan stock is $32.63 and Ryland equity cost of capital is 14% what price would you expect Rylan's stock to sell for at the end of the four year?

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Financial Accounting: What price would expect stock to sell

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Financial Accounting: What price would expect stock to sell

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