Question
The Wellington Co. likes to use the dividend discount model to estimate its cost of equity. What should that be (in percent to two places)
The Wellington Co. likes to use the dividend discount model to estimate its cost of equity. What should that be (in percent to two places) if their stock today is $68 and with a constant dividend growth of 2% their next dividend is estimated to be $1.13?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
