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What is the cost of capital-ke for a limited

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Assume that A limited paid a dividend of 29.4 cents per share just recently. The shares currently sell for $10.2. You also estimate that the dividend will grow steadily at 2.4 % 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: EM132658511

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