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XYZ Co. stock sells for $42 and just a paid a dividend of $3.50. Dividends are expected to grow at a rate of 4% forever.
XYZ Co. stock sells for $42 and just a paid a dividend of $3.50. Dividends are expected to grow at a rate of 4% forever. What is the cost of common equity?
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Financial Accounting
Authors: Warren, Reeve, Duchac
12th Edition
1133952410, 9781133952411, 978-1133952428
