Cdk ind just paid a dividend of 175 per share it is, Ask an Expert

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CDK, Ind. just paid a dividend of $1.75 per share. It is anticipated that the company will maintain a 3 percent annual dividend growth rate. If a share of CDK, Inc. currently sells for $24.00 per share, what is the firm’s cost of capital? (Please Show Work)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91600822

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