What is dudek cost of retained earnings
Problem:
Dudek Manufacturing's common stock is currently selling for $45 per share. Their most recent divided (annual) was $2.50, and is expected to grow at 5% per year indefinitely. What is Dudek's cost of retained earnings?
Now Priced at $20 (50% Discount)
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Their most recent divided (annual) was $2.50, and is expected to grow at 5% per year indefinitely. What is Dudek's cost of retained earnings?
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