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Business, 21.10.2020 16:01 Ezekielcassese

Will Co. is expected to pay a dividend of $2 per share at the end of year 1(Div1), and the dividends are expected to grow at a constant rate of 4 percent forever. If the current price of the stock is $20 per share, calculate the expected return or the cost of equity capital for the firm.

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Will Co. is expected to pay a dividend of $2 per share at the end of year 1(Div1), and the dividends...
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