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Rylan Industries is expected to pay a dividend of $5 20 per year for the next four years If the current price of

Question

Rylan Industries is expected to pay a dividend of $5.20 per year for the next four years. If the current price of

Rylan stock is $32.63, and Rylan’s equity cost of capital is 14%, what price would you expect Rylan’s stock to sell for at the end of the four years?

How to calculate this without using a financial calculator?

Finance

Rylan Industries is expected to pay a dividend of $5 20 per year for the next four years If the current price of