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IRQ has common stock outstanding, which is trading at $25 per share. DIRQ paid a dividend yesterday of $2.22 per share The dividends are expected
IRQ has common stock outstanding, which is trading at $25 per share. DIRQ paid a dividend yesterday of $2.22 per share The dividends are expected to grow at 3% Their beta is 1.32 The current risk-free rate is 3.24% The market risk premium is 6.75% What is the estimate of the cost of common equity (retained earnings)? OA) 8.91% B) 9.1596 C) 11.32% OD 12.15% E) 13,50%
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