Question: Homework: Chapter... Question 4, P 13-11 (sim HW Score: 0%, 0 of 13 points Save O Points: 0 of 1 High Growth Company has a

Homework: Chapter... Question 4, P 13-11 (sim HW Score: 0%, 0 of 13 points Save O Points: 0 of 1 High Growth Company has a stock price of $23. The firm will pay a dividend next year of $0.91, and its dividend is expucted to grow at a rate of 4.1% per year thereafter. What is your estimate of High Growth's cost of equity capital? The required return (cost of capital of levered equity is 0% (Round to one decimal place.) Clear all Check

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