Multiple Choice
Bouchard Company's stock sells for $20 per share, its last dividend (D0) was $1.00, and its growth rate is a constant 6 percent. What is its cost of common stock, rs?
A) 5.0%
B) 5.3%
C) 11.0%
D) 11.3%
E) 11.6%
Correct Answer:
Verified
Correct Answer:
Verified
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