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solina solina
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6 years ago
The last paid dividend is $2 for a share of common stock that is currently selling for $20. What is the cost of common equity if the long-term growth rate in dividends for the firm is expected to be 8%?
A) 10.8%
B) 12.8%
C) 14.8%
D) 16.8%
E) 18.8%
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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LutionalLutional
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6 years ago
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solina Author
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#2
6 years ago
Simple and easy, thank u
Heavy Heart Thank you bio-forums! Heavy Heart
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