Caribe's ordinary shares sell for $41 per share,and dividends paid last year were $1.18 per share.The dividends and earnings per share are predicted to have a 5% growth rate.What is the cost of ordinary equity for Caribe?

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The Answer of Caribe's ordinary shares sell for $41 per share,and dividends paid last year were $1.18 per share.The dividends and earnings per share are predicted to have a 5% growth rate.What is the cost of ordinary equity for Caribe?

Caribe's Ordinary Shares Sell for $41 Per Share,and Dividends Paid