(Answered) Whitehall camps recently paid its annual dividend of 142 a

Finance

Whitehall Camps recently paid its annual dividend of $1.42 a share. These dividend have been increasing by 2.2 percent each year and are expected to continue this trend. What is the cost of equity if the stock sells for $22.89 a share?

a.) 9.38%

b.) 7.29%

c.) 6.82%

d.) 8.54%

e.) 7.58%

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