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A firm has common stock with a market price of $25 per share and an expected dividend of $2 per share at the end of
A firm has common stock with a market price of $25 per share and an expected dividend of $2 per share at the end of the coming year. The growth rate in dividends has been 5 percent. The cost of the firm's common stock equity is A) 8 percent. B) 10 percent. C) 5 percent. D) 13 percent.
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