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A firm has issued 100,000 shares at GH1 per share. The ex-dividend market price is GH2 per share. The firm has just paid a dividend

A firm has issued 100,000 shares at GH1 per share. The ex-dividend market price is GH2 per share. The firm has just paid a dividend of GH0.40 per share and dividends are projected to remain at this level for some time. What is the firms weighted average cost of capital?

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