Thames incs most recent dividend was 220 per share ie d0220, Ask an Expert

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Thames Inc.'s most recent dividend was @2.20 per share (i.e., D0=$2.20). The dividend and stock price ae expected to grow at a rate of 5% per year. The stock price is currently $44? What is the required return on equity (r) if flotation costs are 10%?

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Category:- Financial Management
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