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Business, 15.07.2020 04:01 zackarygonzalez1028

The Absolute Zero Co. just issued a dividend of $2.65 per share on its common stock. The company is expected to maintain a constant 5.5 percent growth rate in its dividends indefinitely. If the stock sells for $53 a share, what is the company's cost of equity?

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The Absolute Zero Co. just issued a dividend of $2.65 per share on its common stock. The company is...

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