Coolibah Holdings is expected to pay dividends of $1.00 every six months for the next three years. If the current price of Coolibah stock is $21.40​, and​Coolibah's equity cost of capital is 16​%,...





Coolibah Holdings is expected to pay dividends of
$1.00

every six months for the next three years. If the current price of Coolibah stock is
$21.40​,

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?










A.


$26.62






B.


$31.94






C.


$29.28






D.


$30.61












Jun 02, 2022
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