1. 1. Calculating cost of equity [LO 14.1] The Murrumba Downs Sheep Station just paid a dividend...
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1. 1.
Calculating cost of equity [LO 14.1] The Murrumba Downs Sheep Station just paid a dividend of $2.80 per share. The company is expected to maintain a constant 4.5 per cent growth rate in its dividends indefinitely. If the shares sell for $58 a share, what is the company’s cost of equity?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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