Bristol Inc. just issued its annual dividend of $ 3 . 0 0 per share on its

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Question:

Bristol Inc. just issued its annual dividend of $

3.00

per share on its common stock. The company has consistently increased its annual dividend by

5.0 %

historically and expects to maintain this constant growth rate indefinitely. The stock sells for $

42.55

per share. What is the company's cost of equity using the Dividend Growth Model?

Posted Date: May 18, 2024 03:14 PM

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