The current price of Latera Corporation’s common stock

by | Mar 18, 2020 | Uncategorized

  

The current price of Latera Corporation’s common stock is $45 per share. The company expects to pay a dividend of $3.30 per share during the next year. The expected growth rate of the stock is 12%. Calculate the cost of equity using the constant-growth model.?

  • ?7.60%
  • ?13.64%
  • ?7.33%
  • ?19.33%
  

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