Question
Vizion Eye Specialties is expected to pay an annual dividend of $1.20 a share next year. The market price of the stock is $27.00 and
Vizion Eye Specialties is expected to pay an annual dividend of $1.20 a share next year. The market price of the stock is $27.00 and the growth rate is 4 percent. What is the firm's cost of equity?
8.26 percent
8.44 percent
8.13 percent
8.49 percent
8.32 percent
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
