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Tavoy, Shantale. Ishema and Anastacia have their sights set on a stock that paid dividends last year of $6 and is expected to have a
Tavoy, Shantale. Ishema and Anastacia have their sights set on a stock that paid dividends last year of $6 and is expected to have a growth rate of 5% into perpetuity. Help them to determine cost of equity of a share is priced at $58.60. (3 marks) Select one a. 15.2389% b. 14.7667% c. 5.1240% d. 14.7700% e. 5.1024%
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