Business, 31.10.2019 06:31, samantha636
The global advertising company has a marginal tax rate of 40 percent. this year, the company paid a dividend of $0.90 per share of common stock. the stock currently sells for $18.59 per share, and global’s earnings and dividends are expected to increase by 5 percent per year in perpetuity. what is global's cost of common stock?
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