Question
The common stock of Minus Tirus is currently selling at $45 per share. The company has recently paid a dividend of $2.50 per share, and
The common stock of Minus Tirus is currently selling at $45 per share. The company has recently paid a dividend of $2.50 per share,
and its dividends and earnings are expected to grow at a rate of 5% for the foreseeable future. What is the cost of equity for the
company?
| A.10.83% |
| B.9.56% |
| C.10.56% |
| D.8.31% |
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
