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WFH Corp. just paid ( yesterday ) a dividend of $ 3 . Dividends are paid annually andare expected to grow in perpetuity at 6

WFH Corp. just paid (yesterday) a dividend of $3. Dividends are paid annually andare expected to grow in perpetuity at 6%. Data from HooYa! Finance yields an equitybeta for its shares of 1.4. The current expected market return is 11%, and the risk-free rate is 2%. If it has a 30% tax rate, what is its after tax cost of equity capital?

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