The muse co just issued a dividend of 275 per share on its


The Muse Co. just issued a dividend of $2.75 per share on its common stock. The company is expected to maintain a constant 5.8 percent growth rate in its dividends indefinitely.

If the stock sells for $59 a share, what is the company's cost of equity?

 

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Finance Basics: The muse co just issued a dividend of 275 per share on its
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