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Question 18 1 pts Orr Industries will pay a dividend of $0.96 per share at the end of this year. It is expected that this
Question 18 1 pts Orr Industries will pay a dividend of $0.96 per share at the end of this year. It is expected that this dividend will grow by 3% per year each year in the future. The current price of Orr's stock is $12,00 per share. What is One's equity cost of capital in percent? Round to 2 decimal places. ie. 1.00 for 1.00%
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Global Banking
Authors: Roy C Smith, Ingo Walter, Gayle DeLong
3rd Edition
0195335937, 9780195335934
