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Author Question: Coolibah Holdings is expected to pay dividends of $1.20 every six months for the next three years. ... (Read 36 times)

anjilletteb

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Coolibah Holdings is expected to pay dividends of $1.20 every six months for the next three years. If the current price of Coolibah stock is $22.40, and Coolibah's equity cost of capital is 16%, what price would you expect Coolibah's stock to sell for at the end of three years?
◦ $28.82
◦ $31.36
◦ $26.74
◦ $29.34


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Marked as best answer by anjilletteb on Jul 9, 2019

peilian

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anjilletteb

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Reply 2 on: Jul 9, 2019
YES! Correct, THANKS for helping me on my review


marict

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Reply 3 on: Yesterday
Excellent

 

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