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Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the following data: D1=$1.25;P0= $22.50;g=5.00% (constant); and F=6.00%. What is the

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Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the following data: D1=$1.25;P0= $22.50;g=5.00% (constant); and F=6.00%. What is the cost of equity raised by selling new common stock? a. 10.91% b. 10.24% c. 10.63% d. 11.21% e. 10.56%

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