Question
A company has a share price of $82 today. If the company is expected to pay a dividend of $10 at the end of the
A company has a share price of $82 today. If the company is expected to pay a dividend of $10 at the end of the year, and its stock price is expected to grow to $80 at the end of the year, what is equity cost of capital for the stock? round to 4 decimal places, not percentage value
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Public Finance And Public Policy
Authors: Jonathan Gruber
6th Edition
1319105254, 9781319105259
