Question: Vy Question 18 1.5 points Save Answer Assume that Capital Asset Management Company (CAMC) has common stock outstanding with a current market value of $78.5

Vy Question 18 1.5 points Save Answer Assume that Capital Asset

Vy Question 18 1.5 points Save Answer Assume that Capital Asset Management Company (CAMC) has common stock outstanding with a current market value of $78.5 per jare current dividend of $4.5 per share, and a dividend growth rate of 7% forever. Calculate cost of common stock by using Dividend Growth Model. (Sytem will not accept % sign, please write answer upto four decimal places) Question 18 of 30 A Moving to another question will save this response

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