Cost of equity based on dividend growth model

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Western Refining currently pays $1.87 per year of dividends and is valued at $25.15 Dividends have been growing at 26% per year for the last 5 years. It is expected to continue to grow at 26% forever. What is WNR's cost of equity based on the dividend growth model? Western Refining currently pays $1.87 per year of dividends and is valued at $25.15 Dividends have been growing at 26% per year for the last 5 years. It is expected to continue to grow at 26% for 2 years then level off at 5% growth. What is WNR's cost of equity based on the dividend growth model?

Reference no: EM131915016

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