Tulip Products Industries paid a dividend of $2.05 yesterday. If the firm’s growth in dividends is expected to remain at a flat 1.5 percent forever, what is the cost of equity capital for Tulip if the price of its common shares is currently $24.48?
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Tulip Products Industries paid a dividend of $2.05 yesterday. If the firm’s growth in dividends is expected to remain at a flat 1.5 percent forever, what is the cost of equity capital for Tulip if the price of its common shares is currently $24.48?
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