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8. Wesley Corporation currently pays a $1.55 dividend and its current stock price is $53.50. Assuming the company's cost of equity capital is 6% use
8. Wesley Corporation currently pays a $1.55 dividend and its current stock price is $53.50. Assuming the
company's cost of equity capital is 6% use the dividend discount valuation model to estimate the
company's growth rate.
a. 1.7%
b. 2.4%
c. 3.1%
d. 6.0%
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