An analyst predicts that company C's dividend at the end of year (+1 will equal $40. The analyst further expects that after year 1+1 company B's dividends will grow indefinitely at a rate of 2 percent Company B's cost of equity equals 4 percent. Under these assumptions, the analyst's estimate of company B's equity value at the end of yeart is equal to a $400 b $600 c $300 d $2000