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Investors estimate that the Walsh Corporation will pay a $1.75 per-share dividend one year from now, and that the dividend will grow at an 9%

  1. Investors estimate that the Walsh Corporation will pay a $1.75 per-share dividend one year from now, and that the dividend will grow at an 9% rate for the foreseeable future. The company's stock is currently selling for $35 per share. What is Walsh Corporation's cost of retained earnings?

    a.

    10.75%

    b.

    9.00%

    c.

    5.00%

    d.

    14.00%

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