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9. Cameron Industries is expected to pay an annual dividend of $1.30 a share next year. The market price of the stock is $24.80 and

9. Cameron Industries is expected to pay an annual dividend of $1.30 a share next year. The market price of the stock is $24.80 and the growth rate is 3 percent. What is the firm's cost of stock? D (1 Point) 7.58% 7.91% 8.24% 8.40%

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