1 The Drogon Co. Just issued a dividend of $2.36 per share on its common...
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1 The Drogon Co. Just issued a dividend of $2.36 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely. If the stock sells for $55 a share, what is the company's cost of equity? 10 points Skipped Multiple Choice eBook Print 10.02% References 4.66% 10.55% 11.08% 10.29% M MC
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