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12 Save Answer 1 points A firm has just paid its annual dividend of $5.64 a share. Thereafter the dividend is expected to increase at

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Save Answer 1 points A firm has just paid its annual dividend of $5.64 a share. Thereafter the dividend is expected to increase at a rate of 2% a year. If the firm's stock currently sells for $56 a share, what is the cost of equity? 12 27% 11.59% 10.56% 13.36%

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