HighGrowth Company has a stock price of $ 23 The firm will pay a dividend next year
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Question:
HighGrowth Company has a stock price of $ 23 The firm will pay a dividend next year of $ 0.97, and its dividend is expected to grow at a rate of 3.8 % per year thereafter. What is your estimate ofHighGrowth's cost of equitycapital?
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