Question: Practice Question 4 If a firm just issued a $2 dividend, is expected to have a dividend growth rate of 6% indefinitely, and the price
Practice Question 4 If a firm just issued a $2 dividend, is expected to have a dividend growth rate of 6% indefinitely, and the price of the firms common shares in the open market is presently $45, the firms cost of equity can be estimated as: 10.4% 10.2% 7.5% 10.7%
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