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Nissan Motor Companys stock price is $80 per share. Last year paid dividend is $5 and the expected growth rate in dividend is 5 percent.
Nissan Motor Companys stock price is $80 per share. Last year paid dividend is $5 and the expected growth rate in dividend is 5 percent.
Required: (i) Calculate stocks expected (next year) dividend.
(ii) Calculate the cost of retained earnings.
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