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:

Black Bass

A popular freshwater game fish belonging to the sunfish family, known for its dark coloration and sport fishing appeal.

Striped Bass

A popular game fish native to the Atlantic coast of North America, known for its distinctive dark stripes running along its body.

Saltwater Fishing

The act of fishing in the ocean or other saline bodies of water, targeting a variety of marine species.

Larger Selection

A broader variety of choices or options available in a specific context or inventory.