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13.8 Cost of common stock: Seerex Wok Co. is expected to pay a dividend of $1.10 one year from today 1 answer below » 13.8 Cost of common stock: Seerex Wok Co. is expected to pay a dividend of $1.10 one year from today on its common shares. That dividend is expected to increase by 5 percent every year thereafter. If the price of Seerex is $13.75, what is Seerex’s cost of common equity? Expected dividend (D1) $1.10 Growth rate 5% Current stock price $13.75 Cost of common equity Oct 23 2015 10:50 PM
