Question
Retained earnings totaling $4.8 million. The price of the common stock is $82 per shareand dividend per share was $9.81 last year. The dividend is
Retained earnings totaling $4.8 million. The price of the common stock is $82 per shareand dividend per share was $9.81 last year. The dividend is not expected to change in the future.
What is the cost of internal commonequity?
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
