The Tribiani Company just issued a dividend of $ 2 . 4 0 per share on its

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Question:

The Tribiani Company just issued a dividend of $

2.40

per share on its common stock. The company is expected to maintain a constant

8

percent growth rate in its dividends indefinitely. If the stock sells for $

44.20

a share, what is the company

s cost of equity?

Posted Date: May 18, 2024 03:16 PM

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