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Business, 28.07.2019 03:00 elisaalonso8805

Suppose hornsby ltd. just issued a dividend of $2.56 per share on its common stock. the company paid dividends of $2.06, $2.13, $2.30, and $2.40 per share in the last four years. if the stock currently sells for $75, what is your best estimate of the company's cost of equity capital using arithmetic and geometric growth rates?

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Suppose hornsby ltd. just issued a dividend of $2.56 per share on its common stock. the company paid...
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