Coolibah Holdings is expected to pay dividends of $1.20 every six months for the next three years. If the current price of Coolibah shares is $22.40, and Coolibah's equity cost of capital is 16%, what price would you expect Coolibah's shares to sell for at the end of three years?

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The Answer of Coolibah Holdings is expected to pay dividends of $1.20 every six months for the next three years. If the current price of Coolibah shares is $22.40, and Coolibah's equity cost of capital is 16%, what price would you expect Coolibah's shares to sell for at the end of three years?

Coolibah Holdings Is Expected to Pay Dividends of $1