The common stock for Oxford, Inc. is currently selling for $22.50, and the firm paid a dividend

Question:

The for Oxford, Inc. is currently selling for $22.50, and the firm paid a last year of $1.80. The dividends and earnings per share are projected to have an annual growth rate of 4 percent into the foreseeable future. What is the cost of common equity for Oxford?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...