Question
XYZ is expected to pay a dividend of $10 per share next year; this dividend will decline by 1% every year thereafter. The price of
XYZ is expected to pay a dividend of $10 per share next year; this dividend will decline by 1% every year thereafter.
The price of the stock today is $74.2.
What is XYZs cost of capital?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
