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Business, 04.04.2020 10:25 Alangs

The current Stock price is P0 = $30.00; next year's expected dividend is $2.70 (D1 = $2.70); and the dividend is expected to grow at a constant rate of 8%. What is the firm’s expected cost of retained equity (rs)? (Careful!)

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The current Stock price is P0 = $30.00; next year's expected dividend is $2.70 (D1 = $2.70); and the...
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