Hank corps common stock currently sells for 24 per share, Ask an Expert

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Hank Corp.'s common stock currently sells for $24 per share. The most recent dividend (Do) was $2.49, and the expected growth rate in dividends per year is 7%. The cost of common equity, Re, is ____%. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round any intermediate work in the process.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92358318

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