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What is cost of common equity for hammer

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Reference no: EM132629178

Hammer Inc. just paid its common equity owners a dividend of $2.5. Hammer's management indicated in their recent conference call that they intend to increase the dividend by 3% each year. The common stock is currently traded at $35. What is cost of common equity for Hammer according to the dividend growth model?

Reference no: EM132629178

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