Abc incs stock is currently selling for 407 per share the


ABC Inc.'s stock is currently selling for $40.7 per share. The company just paid its first annual dividend of $4.65 a share. The firm plans to increase the dividend by 4.5 percent per year indefinitely. What is the firm's cost of equity?

Enter your answer in percentages rounded off to two decimal points.

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Finance Basics: Abc incs stock is currently selling for 407 per share the
Reference No:- TGS02216377

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