1. Luther Industries has a dividend yield of 4.5% and a cost of equity capital of 12%. Luther Industries dividends are expected to grow at a constant rate indefinitely. Calculate the growth rate of Luther's dividends. 4. You expect KT industries (KTI) will have dividend of 1.5 and growth rate of 7.5& and their equity cost of capital is 12%. 
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3. Calculate value of a share of KTI's stock.

Answer rating: 100% (QA)

The growth rate of Luther Industries dividends can be calcu... View the full answer