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Duke Energy has been paying dividends steadily for 20 years During that time dividends have grown at a compound annual rate of 7 If Duke Energys current stock price is 78 and the firm plans to

Duke Energy has been paying dividends steadily for 20 years. During that time, dividends have grown at a compound annual rate of 7%. If Duke Energy’s current stock price is $78 and the firm plans to pay a dividend of $6.50 next year, what is Duke’s cost of common stock equity? 

Jun 03 2021 View more View Less

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