Hudaverdi Ltd pay current dividends of $1.74 per share with these dividends expected to grow...
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Finance
Hudaverdi Ltd pay current dividends of $1.74 per share with these dividends expected to grow at a rate of 2.7% per year in perpetuity. Hudaverdi Ltd shares are currently trading at $13.87 per share. What is the cost of equity finance for Hudaverdi Ltd? Give your answer as a percentage per annum to 1 decimal place. Cost of equity = % pa
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