Coolibah Holdings Is Expected to Pay Dividends of $1

question 32

Multiple Choice

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?

• A)$28.82
• B)$31.36
• C)$29.34
• D)$26.74

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Definitions:

Sleep Therapy

Treatment strategies designed to address and improve sleep disorders or disturbances through various techniques and interventions.

Stimulus Control

A behavior modification technique involving altering the environment to change behaviors by associating certain stimuli with specific behaviors.

Depression

A mental health disorder characterized by persistent sadness, lack of interest in activities, and can cause a variety of emotional and physical problems.

Chronic

Describing a condition or illness persisting for a long time or constantly recurring, often requiring long-term management.