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Consider the following annual dividend growth rates for Lam Research Corp (LRCX): a. (15 points) Calculate the compound annual (geometric) growth rate for Lam Research

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Consider the following annual dividend growth rates for Lam Research Corp (LRCX): a. (15 points) Calculate the compound annual (geometric) growth rate for Lam Research Corp. b. (10 points) If Lam Research Corp's next dividend will be $690 per share, and its current stock price is $605.86, what is the company's cost of equity

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