What is company cost of equity

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The Giuntoli Co. just issued a dividend of $2.40 per share on its common stock. The company is expected to maintain a constant 8 percent growth rate in its dividends indefinitely.

If the stock sells for $44.20 a share, what is the company’s cost of equity?

Reference no: EM131351377

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What is company cost of equity : The Giuntoli Co. just issued a dividend of $2.40 per share on its common stock. The company is expected to maintain a constant 8 percent growth rate in its dividends indefinitely. If the stock sells for $44.20 a share, what is the company’s cost of e..
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