Business, 02.07.2021 15:50 mahalabear9439

The Down and Out Co. just issued a dividend of $1.49 per share on its common stock. The company is expected to maintain a constant 0.02 growth rate in its dividends indefinitely. If the stock sells for $47.04 a share, what is the company's cost of equity? Enter the answer with 4 decimals (e. g. 0.1234)

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The Down and Out Co. just issued a dividend of $1.49 per share on its common stock. The company is e...

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