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1. Calculating Cost of Equity (LO2) The Rollag Co. just issued a dividend of $2.75 per share on its common stock. The company is expected

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1. Calculating Cost of Equity (LO2) The Rollag Co. just issued a dividend of $2.75 per share on its common stock. The company is expected to maintain a constant 5.8% growth rate in its dividends indefinitely. If the stock sells for $59 a share, what is the company's cost of equity

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