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The Carlisle Company has a weighted average cost of capital of 12%. Its current capital structure is 60% common stock and 40% debt. The before
The Carlisle Company has a weighted average cost of capital of 12%. Its current capital structure is 60% common stock and 40% debt. The before tax cost of debt is 8% and the company's tax rate is 25%. If the expected dividend next year is $4 and the current stock price is $40, what is the company's expected growth rate?
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