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Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the...

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Accounting

Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the following data: D0 = $1.20; P0 = $15.00; g = 5.00% (constant); and F = 6.00%. What is the cost of equity raised by selling new common stock? 13.45% 13.87% 13.53% 13.94% 13.13%

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