The current price of Latera Corporationâ??s common stock is $45 per share The company expects to pay

The current price of Latera Corporation’s common stock is $45 per share The company expects to pay a dividend of $330 per share during the next year The expected growth rate of the stock is 12% Calculate the cost of equity using the constant-growth model?

  • ?760%
  • ?1364%
  • ?733%
  • ?1933%