Question
Compu-Global-Hyper-Mega-Net is expected to pay a dividend of $0.88 per share in one-year. You expect the share price after the dividend payment to be $37.07.
Compu-Global-Hyper-Mega-Net is expected to pay a dividend of $0.88 per share in one-year. You expect the share price after the dividend payment to be $37.07. What is Compu-Global-Hyper-Mega-Net's equity cost-of-capital if the share price today is $31.89?
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
