Question
Q33) Ingenious Inc. has a current stock price of $7.72 and is expected to sell for $8.15 in one year's time, immediately after it pays
Q33) Ingenious Inc. has a current stock price of $7.72 and is expected to sell for $8.15 in one year's time, immediately after it pays a dividend of $0.30. What is Ingenious' equity cost of capital?
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
9th Edition
0618938737, 978-0618938735
