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Dazzle Inc.'s common just paid a dividend of $5. Dividends are expected to grow at a 4% annual rate forever. If the stock is currently

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Dazzle Inc.'s common just paid a dividend of $5. Dividends are expected to grow at a 4% annual rate forever. If the stock is currently selling for $80, what is the after-tax cost of the firm's equity? Assume that the firm faces a tax rate of 40%

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