The absolute zero co just issued a dividend of 250 per


The Absolute Zero Co. just issued a dividend of $2.50 per share on its common stock. The company is expected to maintain a constant 5.2 percent growth rate in its dividends indefinitely. If the stock sells for $50 a share, what is the company’s cost of equity?

What is the cost of equity %

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Financial Management: The absolute zero co just issued a dividend of 250 per
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