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Author Question: Gremlin Industries will pay a dividend of $1.80 per share this year. It is expected that this ... (Read 41 times)

karateprodigy

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Gremlin Industries will pay a dividend of $1.80 per share this year. It is expected that this dividend will grow by 4% per year each year in the future. The current price of Gremlin's stock is $22.40 per share. What is Gremlin's equity cost of capital?
◦ 11%
◦ 12%
◦ 16%
◦ 14%


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Marked as best answer by karateprodigy on Jul 9, 2019

shoemake

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karateprodigy

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Reply 2 on: Jul 9, 2019
Excellent


duy1981999

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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