GM has a current stock price of $92.38. If they issued a dividend of $4.56 last week,

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GM has a current stock price of $92.38. If they issued a dividend of $4.56 last week, and the dividend is projected to grow at 4% what is the cost of equity capital for GM?

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: May 10, 2023 02:56 AM

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GM has a current stock price of $92.38. If they issued a dividend of $4.56 last week,

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To calculate the cost of equity capital for GM we can use the dividend growth model The formu... View the full answer

Fundamentals of Financial Management

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