The Most Recent Dividend Was $2

question 109

Multiple Choice

The most recent dividend was $2.50, the anticipated constant growth rate is 4%, the selling price today is $28 per share, and flotation costs are 18%. What is the cost of retained earnings ?

• A)15.3%
• B)14.9%
• C)12.9%
• D)13.3%

---

Definitions:

Eligibility Requirements

Specific criteria set by institutions, organizations, or programs that individuals must meet or fulfill in order to qualify or be considered suitable for something.

Communication Structure

The way in which information is organized and transmitted between individuals and groups.

Collectivist Culture

A societal framework that emphasizes the needs, goals, and views of the group over those of the individual.

Making Noise

Producing sound, often loud or disruptive, as a form of communication or as a byproduct of activity.