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Coolibah Holdings is expected to pay dividends of $1.40 every six months for the next...

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Finance

Coolibah Holdings is expected to pay dividends of $1.40 every six months for the next three years. If the current price of Coolibah stock is $21.00, and Coolibah's equity cost of capital is 14%, what price would you expect Coolibah's stock to sell for at the end of three years?

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