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Using the info below, please compute compute the current (before-tax) cost of one of our largest sources of long-term capital. (Should use dividend growth model/rate)
Using the info below, please compute compute the current (before-tax) cost of one of our largest sources of long-term capital. (Should use dividend growth model/rate)
Shares of our common stock have been trading around $68 per share. We recently paid a $3.60 dividend per share that has been growing at around 1% per year.
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