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1 2 ) Jaynestown Corp is currently priced at 2 5 . 0 0 per share. They just paid their annual dividend of SI 2

12) Jaynestown Corp is currently priced at 25.00 per share. They just paid their annual dividend of SI 24. They have been experiencing growth in dividends of 25% and expect hs io continue. What is the firm's cost of equity? a)4.00% b)7.58% c)9.06% d)10.02% e)12.40%

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