P Co has just paid a dividend of 10c. Shareholders expect dividends to grow at 7% pa.
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P Co has just paid a dividend of 10c. Shareholders expect dividends to grow at 7% pa. P Co’s current share price is $2.05. Calculate the cost of equity of P Co.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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