HighGrowth Company has a stock price of $18. The firm will pay a dividend next year of

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HighGrowth Company has a stock price of $18. The firm will pay a dividend next year of $1.12, and its dividend is expected to grow at a rate of 3.6% per year thereafter.

What is your estimate of HighGrowth’s cost of equity capital?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Feb 21, 2024 10:00 AM

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HighGrowth Company has a stock price of $18. The firm will pay a dividend next year of

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Fundamentals Of Corporate Finance

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