Question
The common stock for Pharma Financial currently sells for $66 per share. The firms last dividend was $6, and its dividends are anticipated to grow
The common stock for Pharma Financial currently sells for $66 per share. The firms last dividend was $6, and its dividends are anticipated to grow at the rate 5% as they did over the past. Calculate the companys cost of internal common equity.
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
