1) The Boos Co. just issued a dividend of $2.40
1) The Boos Co. just issued a dividend of $2.40 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely. If the stock sells for $48 a share, what is the company’s cost of equity? 2) Iceberg Corporation’s common stock has a beta of 1.30. If the risk-free rate is 5 percent and […]