MNP Expects to Pay a Dividend of $5 Next Year

question 71

Multiple Choice

MNP expects to pay a dividend of $5 next year and expects these dividends to grow at 6% a year. The price of MNP is $78.50 per share. What is MNP's cost of equity capital?

• A)10.23%
• B)6.00%
• C)10.89%
• D)12.37%

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The middle value in a dataset when ordered from smallest to largest, serving as a measure of central tendency.

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