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You own shares of William Brothers Ltd. The stock price is currently $22.01 and the annual dividend of $0.30 was just paid out earlier today.
You own shares of William Brothers Ltd. The stock price is currently $22.01 and the annual dividend of $0.30 was just paid out earlier today. You expect a sustainable growth rate of 16.67% for the dividends and earnings of the company. What is the equity cost of capital?
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