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The firm I am valuing recently paid a dividend of $1.36. I believe that dividend will grow at 4% forever. If the stock is currently
The firm I am valuing recently paid a dividend of $1.36. I believe that dividend will grow at 4% forever. If the stock is currently trading at $25, what its cost of equity according to a single-stage growth model?
A) $250
B) There is not enough information to answer this question.
C) 5.66%
D) 9.44%
E) 9.658%
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