Gremlin industries will pay a dividend of 180 per share, Ask an Expert

Finance

Gremlin Industries will pay a dividend of $1.80 per share this year. It is expected that this dividend will grow by 4% per year each year in the future. The current price of Gremlin's stock is $22.40 per share. What is Gremlin's equity cost of capital?

A)
11%
B)
12%
C)
14%
D)
16%

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9875918

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