Question
Suppose potter ltd. Just issued a dividend of $1.82 per share on its common stock. the company paid dividends of $1.36, $1.46, $1.53 and $1.68
Suppose potter ltd. Just issued a dividend of $1.82 per share on its common stock. the company paid dividends of $1.36, $1.46, $1.53 and $1.68 per share in the last four years. if the stock currently sell for $55, what is your best estimate of thecompany's cost of equity using arithmetic and geometric growth rates ?
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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
