Question
Bobs Lawn and Gardens last dividend per share was $1.10. The stock sells for $30 per share. The expected growth rate for the company is
Bobs Lawn and Gardens last dividend per share was $1.10. The stock sells for $30 per share. The expected growth rate for the company is 5%. Calculate the companys cost of common equity.
A) 9.74%
B) 8.50%
C) 9.23%
D) 8.85%
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Theory Of Constraints Handbook
Authors: James Cox, John Schleier
1st Edition
0071665544, 978-0071665544
