Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 24 Apr 2018 My Price 3.00

Giuntoli Co

The Giuntoli Co. just issued a dividend of $3.10 per share on its common stock. The company is expected to maintain a constant 4 percent growth rate in its dividends indefinitely.

If the stock sells for $43.90 a share, what is the company’s cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Cost of equity             %

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Apr 2018 07:04 PM My Price 3.00

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