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Business, 22.12.2020 03:30 ansley81

The Drogon Co. just issued a dividend of $2.60 per share on its common stock. The company is expected to maintain a constant 5.4 percent growth rate in its dividends indefinitely. If the stock sells for $52 a share, what is the company’s cost of equity?

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The Drogon Co. just issued a dividend of $2.60 per share on its common stock. The company is expecte...
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