Question
Angelo's Office Supply just paid an annual dividend of $2.40 a share. The market price of the stock is $31.80 and the growth rate is
Angelo's Office Supply just paid an annual dividend of $2.40 a share. The market price of the stock is $31.80 and the growth rate is 2.5 %. What is the firm's cost of equity?
Multiple Choice
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10.24 %
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10.05 %
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10.16 %
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10.12 %
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10.32 %
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
