Question
ABC Co.just paid a dividend of $1.35 per share.Dividends are expected to grow at 3% forever.The stock is currently trading at $45 per share.Calculate the
ABC Co.just paid a dividend of $1.35 per share.Dividends are expected to grow at 3% forever.The stock is currently trading at $45 per share.Calculate the cost of common stock for the firm.(Enter percentages as decimals and round to 4 decimals)
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
