Assuming that the stock is priced in equilibrium

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Reference no: EM132029205

You obtain the following information for the IYR Inc.'s common stock:

Quarterly dividend 5 years ago=1.0

Quarterly dividend just paid = 1.276

P0 = 30.0

Assuming that the stock is priced in equilibrium, what is IYR's cost of common stock?

a. 16.44%

b. 18.93%

c. 22.86%

d. 20.65%

e. 14.71%

Reference no: EM132029205

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