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17. Rearden Metals has a current stock price of $30 share, is expected to pay a dividend of $1.20 in one year, and its expected
17. 
Rearden Metals has a current stock price of $30 share, is expected to pay a dividend of $1.20 in one year, and its expected price right after paying that dividend is $33. Rearder's equity cost of capital is closest to: Select one: O A 8.2% OB. 6.4% O C. 14.0% O 0.40% Step by Step Solution
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Principles Of Managerial Finance
Authors: Lawrence J Gitman, Chad J Zutter
7th Edition
0133546403, 9780133546408
