Question
A company has a common stock that can be sold for $30.40 per share. The stock paid a dividend at the end of last year
A company has a common stock that can be sold for $30.40 per share. The stock paid a dividend at the end of last year of $3.99. Dividends are expected to grow at $4.58 per share. What is the corporation's cost of external equity?
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
