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The cost of equity using the discounted cash flow (or dividend growth) approach Tyler Enterprises's stock is currently selling for $32.45 per share, and the

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The cost of equity using the discounted cash flow (or dividend growth) approach Tyler Enterprises's stock is currently selling for $32.45 per share, and the firm expects its per-share dividend to be $1.38 in one year. Analysts project the firm's growth rate to be constant at 7.27\%. Using the cost of equity using the discounted cash flow (or dividend growth) approach, what is Tyler's cost of internal equity? 15.55%12.10%14.40%11.52%

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