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Homework Help: corporate finance

Posted by Bjusreal on Saturday, July 17, 2010 at 2:20pm.

Marigold Products is expected to pay a dividend of $1.98 one year from today. If the firmís growth in dividends is expected to remain at a flat 4 percent forever, what is the cost of equity capital for Marigold if the price of its common shares is currently $33.00?

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