GHI Company's current share price is $18.8 and it is expected to pay a $1.8 dividend per
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GHI Company's current share price is $18.8 and it is expected to pay a $1.8 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 2.8% per year.
What is an estimate of GHI Company's cost of equity?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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