Swiss Cheeses,Inc.has paid annual dividends of $1.00,$1.04,$1.09,and $1.15 per share over the last four years,respectively.The stock is currently selling for $42 a share.What is this firm's cost of equity?
A) 7.45 percent
B) 7.64 percent
C) 7.83 percent
D) 7.87 percent
E) 8.02 percent
Correct Answer:
Verified
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