question 23

18.06% 19.70% 17.99% 19.55% 18.97% 23 1563 points Assume the stockholders of Rowatt Equipment stock are in the 32 percent tax bracket. The closing price of the stock today was $2186 per share. The firm pays a quarterly dividend of $1.65 per share. What is the expected opening price of the stock tomorrow if tomorrow is an ex dividend date! $22.98 $21.33 $20.21 $23.51 $20.74 24 1563 points Countess Corp. is expected to pay an annual dividend of $4.15 on its common stock in one year. The current stock price is 569.95 per share. The company announced that it will increase its dividend by 3.35 percent annually. What is the company's cost of equity? 948% 9.85% 877 9.28