Question: sweet treats common stock is currently priced at 3672 a...
Sweet Treats common stock is currently priced at $36.72 a share. The company just paid $2.18 per share as its annual dividend. The dividends have been increasing by 2.2 percent annually and are expected to continue doing the same. What is the cost of equity?
Please check the answers and show all work typed out. No excel or grid style please as I am on mobile.