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A company's ordinary share sells at P 35 and has an expected annual dividend of P1.60. Expected future dividend growth rate is 5% per year.
A company's ordinary share sells at P 35 and has an expected annual dividend of P1.60. Expected future dividend growth rate is 5% per year. Its current risk free rate is 4% and the expected return on the market is 10%. The share has a beta of 1.4. What is the cost of equity
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