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The Lumber Shack just paid an annual dividend of $1.23 a share. The dividend growth rate is 4 percent, the tax rate is 34 percent,
The Lumber Shack just paid an annual dividend of $1.23 a share. The dividend growth rate is 4 percent, the tax rate is 34 percent, and the common stock sells for $38 a share. What is the cost of equity?
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Options Futures And Other Derivatives
Authors: John C. Hull
7th Edition
0136015867, 9780136015864
