Question: Question 2 1 Point GM has a current stock price of $74.27. If they are expected to issue a dividend of $3.05 next year, and

 Question 2 1 Point GM has a current stock price of

Question 2 1 Point GM has a current stock price of $74.27. If they are expected to issue a dividend of $3.05 next year, and the dividend is projected to grow at 5.4% what is the cost of equity capital for GM? Please provide all answers to the nearest two decimal places (9.99%) Add your answer Question 3 1 Point Your company has preferred stock currently selling for $85.62 on the New York Stock Exchange (NYSE). If the stock paid a dividend of $3.17 last year, what is the cost of preferred stock to your company? Add your

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