What is the cost of capital

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Assume that A limited paid a dividend of 25.5 cents per share just recently. The shares currently sell for $10.5. You also estimate that the dividend will grow steadily at 2.9 % per year into the indefinite future. What is the cost of capital, ke for A limited? Answer as a percentage accurate to two decimal places (11.32% should be entered as 11.32). Do not enter the % sign.

Reference no: EM132000703

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