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Question
Super Solutions Inc. just paid a dividend equal to $3.00 per share. Its stock sells for $33.00 per share, it is growing at an annual rate equal to 6 percent, which is expected to continue long into the future. What is Super's cost of retained earnings?
a. 9.09%
b. 15.64%
c. 15.09%
d. 9.64%
e. 14.58%
Answer
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Related questions
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Which of the following is true about financial institutions in the United States compared to those in other countries?
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b. False
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Q:
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