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P 1 4 - 1 Calculating Cost of Equity [ LO 1 ] The Drogon Company just issued a dividend of $ 2 . 2
P Calculating Cost of Equity LO
The Drogon Company just issued a dividend of $ per share on its common stock.
The company is expected to maintain a constant percent growth rate in its dividends
indefinitely. If the stock sells for $ a share, what is the company's cost of equity?
Multiple Choice
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