A new common stock issue that paid a $1.76 dividend last year. The firm’s dividends are expected to continue to grow at 6.5% per year forever. The price of the firm’s common stock is now 27.62. The cost of capital from the common equity is?
A new common stock issue that paid a $1.76 dividend last year. The firm’s dividends are expected to continue to grow at 6.5% per year forever. The price of the firm’s common stock is now 27.62. The cost of capital from the common equity is?