{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-06T01:07:59-04:00", "answer_date": "2024-06-06 01:07:59", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2329387", "url": "\/study-help\/questions\/12-a-mining-company-ntc-wants-to-calculate-its-cost-2329387", "question_creation_date_js": "2024-06-06T01:07:59-04:00", "question_creation_date": "Jun 06, 2024 01:07 AM", "meta_title": "[Solved] 12. A mining company, NTC, wants to calcu | SolutionInn", "meta_description": "Answer of - 12. A mining company, NTC, wants to calculate its cost of equity capital. The company's CFO has collected the followin | SolutionInn", "meta_keywords": "12,mining,company,ntc,cost,equity,capital,s,cfo,collected,information,current", "question_title_h1": "12. A mining company, NTC, wants to calculate its cost of equity capital. The company's CFO has collected the following information: The company's current stock", "question_title": "12. A mining company, NTC, wants to calculate its cost of equity", "question_title_for_js_snippet": "12 A mining company, NTC, wants to calculate its cost of equity capital The company's CFO has collected the following information The company's current stock price is $32 per share The company has very recently paid a dividend of $2 per share The dividend is expected to grow at a constant rate of 6 per year indenitely The company's corporate tax rate is 40 What is the NTC's cost of equity capital a) 10 67 b) 12 63 c) 11 47 d) 10 39 e) 11 97 Answer b)", "question_description": "\"image
\"image<\/div><\/div><\/div> 12. A mining company, NTC, wants to calculate its cost of equity capital. The company's CFO has collected the following information: The company's current stock price is $32 per share. The company has very recently paid a dividend of $2 per share. The dividend is expected to grow at a constant rate of 6% per year indenitely. The company's corporate tax rate is 40%. What is the NTC's cost of equity capital? a) 10.67% b) 12.63% c) 11.47% d) 10.39% e) 11.97% Answer: b)", "transcribed_text": "", "related_book": { "title": "Managerial Accounting", "isbn": "9781119158226, 111915801X, 1119158222, 978-1119158011", "edition": "6th edition", "authors": "James Jiambalvo", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1327.jpg", "uri": "\/textbooks\/managerial-accounting-6th-edition-1327", "see_more_uri": "" }, "free_related_book": { "isbn": "1606496360", "uri": "\/textbooks\/basic-cost-benefit-analysis-for-assessing-local-public-projects-1st-edition-978-1606496367-310038", "name": "Basic Cost Benefit Analysis For Assessing Local Public Projects", "edition": "1st Edition" }, "question_posted": "2024-06-06 01:07:59", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/golf-carts-inc-must-set-up-an-assembly-line-for", "description": "Golf Carts Inc. must set up an assembly line for golf carts. 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