The silver mist co just issued a dividend of 120 per share, Financial Management

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The silver mist co just issued a dividend of 120 per share

Calculating the Cost of Equity

The Silver Mist Co. just issued a dividend of $1.20 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in dividends indefinitely. If the stock sells for $22 a share, what is the company’s cost of equity?

Cost of Equity: _______________ %

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Financial Management: The silver mist co just issued a dividend of 120 per share

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