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Victoria's Rag Patch, a pricy boutique chain, recently paid an annual dividend of $0.80 a share and plans to increase its dividend by 5 percent
Victoria's Rag Patch, a pricy boutique chain, recently paid an annual dividend of $0.80 a share and plans to increase its dividend by 5 percent annually. The current market price of the stock is $28.50. What is the firm's cost of equity?
| 7.57 percent | ||
| 7.95 percent | ||
| 8.27 percent | ||
| 8.67 percent | ||
| 8.98 percent |
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
