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What is the implied expected growth rate

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The cost of equity capital for the Houck Corporation is 18%. If the stock offers a dividend yield of 7%, what is the implied expected growth rate?

Reference no: EM132623719

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What is the implied expected growth rate : The cost of equity capital for the Houck Corporation is 18%. If the stock offers a dividend yield of 7%, what is the implied expected growth rate?
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