The muse co just issued a dividend of 275 per share on its, Financial Management

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The muse co just issued a dividend of 275 per share on its

The Muse Co. just issued a dividend of $ 2.75 per share on its common stock. The company is expected to maintain a constant 5.8 percent growth rate in its dividends indefi nitely. If the stock sells for $ 59 a share, what is the company’s cost of equity?

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Financial Management: The muse co just issued a dividend of 275 per share on its

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Financial Management: The muse co just issued a dividend of 275 per share on its

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