Question
Suppose that your company is expected to pay a dividend of $1.50 per share next year. There has been a steady growth in dividends of
Suppose that your company is expected to pay a dividend of $1.50 per share next year. There has been a steady growth in dividends of 5.7% per year and the market expects that to continue. The current price is $20. What is the cost of equity?
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The Evolution Of Finance
Authors: Barbara Guth
1st Edition
1633377261, 978-1633377264
