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The Drogon Company Just issued a dividend of $2.91 per share on its common stock. The company is expected to maintain a constant 6 percent
The Drogon Company Just issued a dividend of $2.91 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 $50 a share, what is the company's cost of equity? Multiple Choice O O O O 12.78% 11.82% 11.56% 6.29% 12.17%
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