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Business, 14.07.2019 04:00 gonzalesalexiaouv1bg

The down and out co. just issued a dividend of $2.40 per share on its common stock. the company is expected to maintain a constant 5.5 percent growth rate in its dividends indefinitely. if the stock sells for $52 a share, the company's cost of equity is . percent. (do not include the percent sign (%). round your answer to 2 decimal places. (e. g., 32.16))

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The down and out co. just issued a dividend of $2.40 per share on its common stock. the company is e...
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