Rylan Industries has is expected to pay a constant dividend for the next four years....
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Rylan Industries has is expected to pay a constant dividend for the next four years. Rylan's current share price is $30 per share and is expected to be (ex-dividend) $40 per share in year 4. Given that Rylan's equity cost of capital is 14%, what is the expected constant annual dividend in years 1-4?
a. $3,45 per share b. $4,98 per share c. $2,92 per share d. $4,30 per share
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