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The DJH Corporation just paid a dividend of $ 1.41. It expects its cash dividends to grow 4.6 % per year forever,DIH has a debt

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The DJH Corporation just paid a dividend of $ 1.41. It expects its cash dividends to grow 4.6 % per year forever,DIH has a debt ratio of L = 25 %. Its borrowing rate is rd = 7.7 %. DJH pays corporate taxes at the rate of 43 %, rf = 4.1 %, rM = 9.1 96, and DJH's common stock is currently selling for $ 35 per share. What is DJH's expected cost of stock? Short your answer to the nearest .1%. Show your answer as a whole number, thus 4.2% should be 4.2 rather than .042. Your Answer: The DJH Corporation just paid a dividend of $ 1.41. It expects its cash dividends to grow 4.6 % per year forever,DIH has a debt ratio of L = 25 %. Its borrowing rate is rd = 7.7 %. DJH pays corporate taxes at the rate of 43 %, rf = 4.1 %, rM = 9.1 96, and DJH's common stock is currently selling for $ 35 per share. What is DJH's expected cost of stock? Short your answer to the nearest .1%. Show your answer as a whole number, thus 4.2% should be 4.2 rather than .042. Your

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