Question
A company pay current dividends of $0.87 per share with these dividends expected to grow at a rate of 4% per year in perpetuity. Its
A company pay current dividends of $0.87 per share with these dividends expected to grow at a rate of 4% per year in perpetuity. Its shares are currently trading at $6.73 per share. What is the cost of equity finance for the company
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
