Business

Annabel Mckay

11 April, 03:39

Matilda Industries pays a dividend of $2.25 per share and is expected to pay this amount indefinitely. If Matilda's equity cost of capital is 12%, which of the following would be expected to be closest to Matilda's stock price?

A) $21.98

B) $12.25

C) $14.65

D) $18.75

+4

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