Moorhead industries common stock is currently trading at 80, Financial Management

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Moorhead industries common stock is currently trading at 80

Moorhead industries’ common stock is currently trading at $80 a share. The stock is expected to pay a dividend of $4/share at the end of the year and the dividend is expected to grow at a constant rate of 6% a year. What is the cost of common equity?

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Financial Management: Moorhead industries common stock is currently trading at 80

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Financial Management: Moorhead industries common stock is currently trading at 80

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