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7 Compute the average cost of capital. The common stock of a company is selling at $50 per share and is paying a dividend of

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7 Compute the average cost of capital. The common stock of a company is selling at $50 per share and is paying a dividend of $2. The expected growth in dividends is 0.03 per year. Estimate the cost of common stock capital. The Rn Company's cock i rolling at 1 1 1 8

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