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In year 4, Stark Ltd. paid a dividend of $2.08/share on its common stock. Its dividend four years ago was $1.71/share. If the stock currently
In year 4, Stark Ltd. paid a dividend of $2.08/share on its common stock. Its dividend four years ago was $1.71/share. If the stock currently sells for $45/share what is the companys cost of equity capital assuming the dividend growth rate over the four year period?
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