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Williams common stock is currently selling for $50 share. Its last dividend was $4.00, and dividends are expected to grow at a constant rate of

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Williams common stock is currently selling for $50 share. Its last dividend was $4.00, and dividends are expected to grow at a constant rate of 5% in the foreseeable future. What is Williams estimated cost of common equity using the DCF approach? 14% 13.4% 15.0% 12.7%

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