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A stock sells for $20 per share, its last dividend (D 0 ) was $1.00, and its growth rate is a constant 6%. What is
A stock sells for $20 per share, its last dividend (D0) was $1.00, and its growth rate is a constant 6%. What is its cost of common stock?
| 5.3% | ||
| 11.0% | ||
| 11.3% | ||
| 11.6% |
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Personal Finance
Authors: Jane King, Mary Carey
2nd Edition
0198748779, 9780198748779
