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2. Answer the questions. 1) The current stock price for Firm D is $100 while the next dividend is $100 while the next dividend is

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2. Answer the questions. 1) The current stock price for Firm D is $100 while the next dividend is $100 while the next dividend is $12. Suppose hat the dividend is expected to grow at 10% every year. Figure out the cost of equity for Firm D based on Dividend growth model. (30points)

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