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Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the following data: D = $1.25; Po = $20.00; g =
Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the following data: D = $1.25; Po = $20.00; g = 5.00% (constant); and F = 6.00%. What is the cost of equity raised by selling new common stock? 13.98% C 11.65% C 12.35% C 11.07% C 13.75%
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