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5 points 7. The In and Out Company just issued dividend of Php 3.40 per share on its common stock. The company expected to maintain

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5 points 7. The In and Out Company just issued dividend of Php 3.40 per share on its common stock. The company expected to maintain a constant 6.5% growth rate in its dividend. If the stock sells for Php52, what is the cost of equity

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