If the stock sells for 43 a share what is the companys cost, Ask an Expert

Management Studies

The Lo Tech Co. just issued a dividend of $2.20 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely.

Required:

If the stock sells for $43 a share, what is the company's cost of equity?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9109152

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