Question: iz 7 Saved Help Save & Exit 1 The Drogon Co. just issued a dividend of $2.46 per share on its common stock. The company

 iz 7 Saved Help Save & Exit 1 The Drogon Co.
just issued a dividend of $2.46 per share on its common stock.

iz 7 Saved Help Save & Exit 1 The Drogon Co. just issued a dividend of $2.46 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely. If the stock sells for $30 a share, what is the company's cost of equity? 01:54:14 Multiple Choice 15,43% 14,2% Quiz 7 G 15.434 1 1 1425 015357 14694 3.895 o a 13.96%

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