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Posted by: Homeworkhelp
Price Quoted by Student: $2.5
Posted On: 2011-03-21 07:07:57
 
Question

P13-17 Klints Inc. paid an annual dividend of $1.45 last year.  The firm’s stock sells for $29.50 per

 

ANSWER KEY SOLUTION P13-17 Klints Inc. paid an annual dividend of $1.45 last year.

 

P13-17 Klints Inc. paid an annual dividend of $1.45 last year.  The firm’s stock sells for $29.50 per share, and the company is expected to grow at about 4% per year into the foreseeable future.  Estimate Klints’ cost of retained earnings.


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ANSWER KEY SOLUTION P13-17 Klints Inc. paid an ann
Price $2.5
Attachment 1: P13-17 Klints Inc.doc
Solution Posted By: Homeworkhelp    Posted on: 21-03-2011