The current stock price is 6015 the growth rate is 4 the


The current stock price is 60.15, the growth rate is 4%, the expected earnings per share e is $5. The company retains 20% of its earnings to fund future growth. There is currently 102.5 million shares outstanding. What is the cost of common equity?

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Financial Management: The current stock price is 6015 the growth rate is 4 the
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