Question
Woori Bank's stock is trading at $62.10 a share and currently pays $3.60 annually in dividends. This dividend is expected to continue to grow at
Woori Bank's stock is trading at $62.10 a share and currently pays $3.60 annually in dividends. This dividend is expected to continue to grow at an average rate of 3.5% per year. What is Woori Bank's estimated cost of equity?
- 5.8%
- 6.5%
- 9.3%
- 9.5%
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
