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You obtain the following information for the IYR Inc.'s common stock: Quarterly dividend 5 years ago=1.0 Quarterly dividend just paid = 1.276 Po= 30.0 Assuming

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You obtain the following information for the IYR Inc.'s common stock: Quarterly dividend 5 years ago=1.0 Quarterly dividend just paid = 1.276 Po= 30.0 Assuming that the stock is priced in equilibrium, what is IYR's cost of common stock? Select one: O a. 14.71% O b. 18.93% O c. 16.44% O d. 22.86% O e. 20.65%

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