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please answer the second part 2 Wildhorse Inc's common shares currently sell for 540 each. The firm's management believes that its shares should really self
please answer the second part
2 Wildhorse Inc's common shares currently sell for 540 each. The firm's management believes that its shares should really self for $50 each. The firm just paid an annual dividend of $2 per share and management expects those dividends to increase by 7 percent per year forever (and this is common knowledge to the market). (a1) Your answer is correct. What is the current cost of common equity for the firm? (Round final answer to 2 decimal places, e g. 15.25%.) The current cost of common equity for the firm 1235 % eTextbook and Media Attempts: 2 of 3 used (22) What does management believe is the correct cost of common equity for the firm? (Round final answer to 2 decimal places, es. 15.25%.) Step by Step Solution
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