Home / Questions / The Lo Tech Co. just issued a dividend of $2.70 per share on itscommon stock. The company
The Lo Tech Co. just issued a dividend of $2.70 per share on itscommon stock. The company is expected to maintain a constant 6percent growth rate in its dividends indefinitely.
If the stock sells for $44.50 a share, what is the company’scost of equity?
Nov 30 2019 View more View Less
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