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What is its cost of common equity

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Question - WEB's future earnings, dividends, and common stock price are expected to grow at 5% per year. WEB's common stock currently sells for P23 per share; its last dividend was P2.00; and it will pay a P2.10 dividend at the end of the current year. What is its cost of common equity using the Gordon's growth model?

Reference no: EM133179251

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