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10. The common stock of ABC Industries is valued at $33.45 a share. The company increases their dividend by5.9 percent annually and expects their next

10.The common stock of ABC Industries is valued at $33.45 a share. The company increases their dividend by5.9 percent annually and expects their next dividend to be $5.9. What is the required rate of return on this stock?

11.ABC Inc.'sstock is currently sellingfor $55.27 per share. The company just paid its first annual dividend of $0.52 a share. The firm plans to increase the dividend by3 percent per year indefinitely. What is the firms cost of equity?

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