Use the Following Information to Answer the Question(s)below

question 88

Multiple Choice

Use the following information to answer the question(s) below.
Rearden Metals has a current stock price of $30 share,is expected to pay a dividend of $1.20 in one year,and its expected price right after paying that dividend is $33.
-Rearden's equity cost of capital is closest to:

• A)4.0%.
• B)6.4%.
• C)8.2%.
• D)14.0%.

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Definitions:

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The dynamic process through which the beliefs, practices, tools, and artifacts of a society evolve over time.

Nonreligious Worldview

A perspective or philosophy on life and the universe that does not involve belief in a deity or religious doctrine.

Divination

A magical procedure or spiritual ritual designed to learn what is not knowable by ordinary means, such as foretelling the future by interpreting omens.

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A representation of the Virgin Mary associated with a series of apparitions to Juan Diego on the Hill of Tepeyac in Mexico, and an iconic symbol in Mexican culture.