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Hank Corp.'s common stock currently sells for $68 per share. The most recent dividend (Do) was $3.92, and the expected growth rate in dividends
Hank Corp.'s common stock currently sells for $68 per share. The most recent dividend (Do) was $3.92, and the expected growth rate in dividends per year is 4%. The cost of common equity, RE, is %. Margin of error for correct responses: +/-05(%) Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your *final response to 2 decimal places (example: if your answer is 12.3456, 12.3456%, or $12.3456, you should enter 12.35).
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