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27 Nov 2019

Countess Corp. is expected to pay an annual dividend of $4.45 on its common stock in one year. The current stock price is $72.55 per share. The company announced that it will increase its dividend by 3.60 percent annually. What is the company's cost of equity?

10.32%

9.46%

9.19%

9.95%

9.73%

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Beverley Smith
Beverley SmithLv2
30 Apr 2019
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Please check the answers and show all work typed out. No excelor grid style please as I am on mobile.

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