Cost of equity. Harrys Toupee Shop, Inc., has publicly stated they are going to pay dividends next
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Cost of equity. Harry’s Toupee Shop, Inc., has publicly stated they are going to pay dividends next year of $1.24 and then increase this amount by 4% for the following five years. Following that, Harry is going to stop paying dividends forever after. According to the DGM, what should be the current cost of equity if Harry’s stock price is $17.82?
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Related Book For 
Applied Corporate Finance Making Value Enhancing Decisions In The Real World
ISBN: 9783030816308
2nd Edition
Authors: Mark K. Pyles
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