AC&H Group Plc. has just paid dividends of $2.75 per share. The expected growth rate of dividends

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AC&H Group Plc. has just paid dividends of $2.75 per share. The expected growth rate of dividends is 7 percent annually and the current market price of AC&H is $90 per share. Calculate the cost of equity capital for AC&H Group Plc.

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Foundations Of Finance

ISBN: 9781292155135

9th Global Edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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