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BNW just paid its common equity owners a dividend of $1.12. BNWs management indicated in their recent conference call that they intend to increase the
BNW just paid its common equity owners a dividend of $1.12. BNWs management indicated in their recent conference call that they intend to increase the dividend by 4% each year. The common stock is currently traded at $15. What is cost of common equity for BNW according to the dividend growth model?
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