Aboudy corporations stock price is currently 2200 per share, Finance Basics

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Aboudy corporations stock price is currently 2200 per share

Question: Aboudy Corporation's stock price is currently $22.00 per share. The company has just paid a dividend of $0.55 per share, and shareholders anticipate that this dividend will grow in the future at a rate of 6% per year. Use the Gordon model to calculate the company's cost of equity rE.

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Finance Basics: Aboudy corporations stock price is currently 2200 per share

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Finance Basics: Aboudy corporations stock price is currently 2200 per share

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