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257. Angelo's Office Supply just paid an annual dividend of $2.40 a share. The market price of the stock is $31.80 and the growth rate

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257. Angelo's Office Supply just paid an annual dividend of $2.40 a share. The market price of the stock is $31.80 and the growth rate is 2.5 percent. What is the firm's cost of equity? A. 10.05 percent B. 10.12 percent C. 10.16 percent D. 10.24 percent E. 10.32 percent

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