If the firm has a dividend growth rate of 6 that is, Financial Management

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If the firm has a dividend growth rate of 6 that is

Rattle me Bones, Inc.'s common stock is currently selling for $52.75 per share. You expect the next dividend to be $4.28 per share. If the firm has a dividend growth rate of 6% that is expected to remain constant indefinitely, what is the firm's cost of equity?

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