molinav6998 molinav6998

08-04-2024
Business

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Angelo's Office Supply just paid an annual dividend of $2.40 a share. The market price of the stock is $31.80 and the growth rate is 2.5 %. What is the firm's cost of equity?
a. 10.05 %
b. 10.16 %
c. 10.12 %
d. 10.32%
e. 10.24%

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