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Expected price per share of the company in one year

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Reference no: EM132012190

Julia's Jewel Company (JJC) currently has a stock price of $51 per share. If JJC's cost of equity capital (same as discount rate for equity) is 19% and the current dividend yield (DIV1/P0) is 6.00%, the expected price per share of the company in one year (t = 1) is closest to?

Reference no: EM132012190

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