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13.8 Cos t of common stock : Seerex Wok Co. is to pay a from today on its common shares. That dividend is expected to

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13.8 Cos t of common stock : Seerex Wok Co. is to pay a from today on its common shares. That dividend is expected to increase by 5 percent r. If the price of Seerex is $13.75, what is Seerex's cost of common Expected dividend (Di) Growth rate Current stock price $1.10 5% $13.75

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