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Category > Business & Finance Posted 02 Jun 2017 My Price 4.00

What is your best estimate of the company’s cost of equity capital?

 

Suppose Massey Ltd. just issued a divi-dend of $.68 per share on its common stock. The company paid dividends of$.40, $.45, $.52, and $.60 per share in the last four years. If the stock currentlysells for $12, what is your best estimate of the company’s cost of equity capital?
 
 

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Status NEW Posted 02 Jun 2017 07:06 AM My Price 4.00

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