Lorillard Inc has a common stock that just paid a dividend of $5 per share. If the common stock price today is $116 and
Posted: Wed May 18, 2022 11:32 pm
Lorillard Inc has a common stock that just paid a dividend of $5
per share. If the common stock price today is $116 and the growth
rate of firm is 0.07, find the cost of capital for common
stock.
Group of answer choices
11.61%
0.62%
17.99%
none of the answers is correct.
51.04%
per share. If the common stock price today is $116 and the growth
rate of firm is 0.07, find the cost of capital for common
stock.
Group of answer choices
11.61%
0.62%
17.99%
none of the answers is correct.
51.04%