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A stock currently trades for a price of $45 per share. It is expected to pay a dividend of $2 per share next year and
A stock currently trades for a price of $45 per share. It is expected to pay a dividend of $2 per share next year and is expected to provide steady growth of dividends of 4 percent per year for the indefinite future. What is the company's cost of equity?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
3rd Edition
013350767X, 978-0133507676
