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Balfour Corporation has a current stock price of $30. Next years dividend is projected to be $3. The payout ratio is 30% and the projected
Balfour Corporation has a current stock price of $30. Next years dividend is projected to be $3. The payout ratio is 30% and the projected ROE is 10%. The cost of equity is
A) 16%
B) 17%
C) 18%
D) none of the above
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
