The muse co just issued a dividend of 345 per share on its, Ask an Expert

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The Muse Co. just issued a dividend of $3.45 per share on its common stock. The company is expected to maintain a constant 7.10 percent growth rate in its dividends indefinitely.

If the stock sells for $69 a share, what is the company’s cost of equity? (Round your answer to 2 decimal places. (e.g., 32.16))

Cost of equity %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91610718

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