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What is the price of the stock-company c

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Reference no: EM132691960

Company C pays a dividend of $3 per share and is expected to pay this amount indefinitely. The equity cost of capital is 15%. What is the price of the stock? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer.

Reference no: EM132691960

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