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Business, 30.03.2020 21:00 Loveekatiana

Credenza Industries is expected to pay a dividend of $ 1.25 at the end of the coming year. It is expected to sell for $ 70 at the end of the year. If its equity cost of capital is 9%, what is the expected capital gain from the sale of this stock at the end of the coming year?

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Credenza Industries is expected to pay a dividend of $ 1.25 at the end of the coming year. It is exp...

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