Duke energy has been paying dividends steadily for 20 years


Duke Energy has been paying dividends steadily for 20 years. During that? time, dividends have grown at a compound annual rate of 9?%. If Duke? Energy's current stock price is ?$79 and the firm plans to pay a dividend of ?$6.30 next? year, what is? Duke's cost of common stock equity?

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Financial Management: Duke energy has been paying dividends steadily for 20 years
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