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answer asap please The common stock of Bibi Corporation Inc. currently sells for $66.25 per share. The most recent dividend paid was $5.10. The firm
answer asap please
The common stock of Bibi Corporation Inc. currently sells for $66.25 per share.
The most recent dividend paid was $5.10.
The firm has a dividend growth rate of 4% that is expected to continue indefinitely.
The corporations tax rate is 40%.
What is the firms after-tax cost of common equity?
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