A businesss ordinary shares are currently trading at 2.00 (ex dividend) each in the capital market. Next
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A business’s ordinary shares are currently trading at £2.00 (ex dividend) each in the capital market. Next year’s dividend is expected to be £0.14 per share and subsequent dividends are expected to grow at an annual rate of 5 per cent of the previous year’s dividend. What is the cost of equity?
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