The Catcha Wave Co. just issued a dividend of ($1.85) per share on its common stock. The
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The Catcha Wave Co. just issued a dividend of \($1.85\) per share on its common stock. The company is expected to maintain a constant 7 percent growth rate in its dividends indefinitely. If the stock sells for \($35\) a share, what is the company’s cost of equity?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780072313000
5th Edition
Authors: Stephen A Ross, Randolph W Westerfield
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