Question
Companys dividend next year is expected to be $1.00 (D1). The stock price is $20. The company is expected to have a constant 4.25% constant
Companys dividend next year is expected to be $1.00 (D1). The stock price is $20. The company is expected to have a constant 4.25% constant growth rate in dividends. What is the companys cost of equity? Enter your answer as a percentage rounded to 2 decimal places (e.g., enter 5.25 percent as 5.25)
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Contemporary Issues In Development Finance
Authors: Joshua Yindenaba Abor, Robert Lensink, Charles Komla Delali Adjasi
1st Edition
1138324329, 978-1138324329
