The Dedus Shoes, Inc. has common shares with a price of $28.76 per share. The firm paid a dividend of $1.00 yesterday If dividends are expected to grow at 10 percent for two years and then at 5 percent thereafter, what is the implied cost of common equity capital for Dedus? Round your final percentage answer to 1 decimal place.
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The Dedus Shoes, Inc. has common shares with a price of $28.76 per share. The firm paid a dividend o...
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