Tims tools just issued a dividend of 222 per share on its, Ask an Expert

Finance

Tim's Tools just issued a dividend of $2.22 per share on its common stock. The company is expected to maintain a constant 2.8 percent growth rate in its dividends indefinitely.

If the stock sells for $19 a share, what is the company's cost of equity?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92866875

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