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You are asked to calculat cost of equity on the following stock. The company just paid a dividend of $1.4, and will maintain a constant
You are asked to calculat cost of equity on the following stock. The company just paid a dividend of $1.4, and will maintain a constant grow dividend policy with growth rate of 7%. Currently, the stock price is $50. What is the cost of equity? (Enter your answers a percent rounded to 2 decimal places, leave out % sign, for example, for answer 0.43%, enter 0.43 only)
You are asked to calculat cost of equity on the following stock. The company just paid a dividend of $1.4, and will maintain a constant grow dividend policy with growth rate of 7%. Currently, the stock price is $50. What is the cost of equity? (Enter your answers a percent rounded to 2 decimal places, leave out % sign, for example, for answer 0.43%, enter 0.43 only)
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