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8 The cost of equity using the discounted cash flow (or dividend-yield-plus-growth-rate) approach Tucker Enterprises's stock is currently selling for $18.50 per share, and the
8 The cost of equity using the discounted cash flow (or dividend-yield-plus-growth-rate) approach Tucker Enterprises's stock is currently selling for $18.50 per share, and the firm expects its per-share dividend to be $3.50 in one year. Analysts project the firm's growth rate to be constant at 3.20%. Using the discounted cash flow (or dividend-yield-plus-growth-rate) approach, what is Tucker's cost of internal equity? 23.23% 22.12% 29.86% 0.18.80%
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