Gremlin industries will pay a dividend of 180 per share, Finance Basics

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Gremlin industries will pay a dividend of 180 per share

Gremlin Industries will pay a dividend of $1.80 per share this year. It is expected that this dividend will grow by 4% per year each year in the future. The current price of Gremlin's stock is $22.40 per share. What is Gremlin's equity cost of capital?

A)
11%
B)
12%
C)
14%
D)
16%

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Finance Basics: Gremlin industries will pay a dividend of 180 per share

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Finance Basics: Gremlin industries will pay a dividend of 180 per share

Reference No:- TGS0635286

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Gremlin industries will pay a dividend of 180 per share

Reference No:- TGS0635286

Recent Questions Asked Finance Basics

Q : Yu have 4 resistors loads in parallel what is the total

Q : How does the study of heat relate to the kinetic theory of

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