Heavy rain corporation just paid a dividend of 396 per, Financial Management

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Heavy rain corporation just paid a dividend of 396 per

Heavy Rain Corporation just paid a dividend of $3.96 per share, and the firm is expected to experience constant growth of 2.17% over the foreseeable future. The common stock is currently selling for $74.35 per share. What is Heavy Rain’s cost of retained earnings using the Gordon Model (DDM) approach?

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Financial Management: Heavy rain corporation just paid a dividend of 396 per

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