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The Drogon Co. just issued a dividend of $301 per share on its common stock. The company is expected to maintain a constant 6 percent

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The Drogon Co. just issued a dividend of $301 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely, if the stock sells for $40 a share, what is the company's cost of equity? Muhe Choice 13.98% 13.28% 813% Multiple Choice 1352 19 1328 813 14.689 Prev 22 of 31 1 Next >

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