M12-24. Applying DDM with Constant Perpetuity LOS Assume that a company's dividends per share are projected to

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M12-24. Applying DDM with Constant Perpetuity LOS Assume that a company's dividends per share are projected to remain at $1.10 in perpetuity, and that its per share stock price is $22. Estimate the company's cost of equity capital.

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Financial Statement Analysis And Valuation

ISBN: 9781618533609

6th Edition

Authors: Peter D. Easton, Mary Lea Mcanally, Gregory A. Sommers

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