Question
Sonyjust paid a dividend of $2.17 per share, and the firm is expected to experience constant growth of 3.22% over the foreseeable future. The common
Sonyjust paid a dividend of $2.17 per share, and the firm is expected to experience constant growth of 3.22% over the foreseeable future. The common stock is currently selling at $65.15 per share. What is the firm's cost of retained earnings, according to the Gordon model (DDM) approach?
Round the answer to two decimal places in percentage form.
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MATLAB An Introduction With Applications
Authors: Amos Gilat
6th Edition
111938513X, 978-1119385134
