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ABC Company's current share price is $17 and it is expected to pay a $1.35 dividend per share next year. After that, the firm's dividends
- ABC Company's current share price is $17 and it is expected to pay a $1.35 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 2.4% per year. What is an estimate of ABC Company's cost of equity? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES.
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
