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A company just paid a $ 3 . 0 0 dividend, expected to grow at 1 . 8 % indefinitely. If the firm's stock can

A company just paid a $3.00 dividend, expected to grow at 1.8% indefinitely. If the firm's stock can be sold for $19.25 per share with a $1.00 flotation, what is the cost of common equity?
15.81%
14.42%
25.75%
13.28%
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