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Business, 15.11.2019 03:31 AgentPangolin

canadian-based mining company el dorado gold (ego) suspended its dividend in march 2016 as a result of declining gold prices and delays in obtaining permits for its mines in greece. suppose you expect ego to resume paying annual dividends in two years time, with a dividend of $0.25 per share, growing by 2 % per year. if ego's equity cost of capital is 9.2 %, what is the value of a share of ego today?

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