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ABC Inc. is expected to pay an annual dividend of R0.80 a share next year. The market price of the share is R22.40 and the
ABC Inc. is expected to pay an annual dividend of R0.80 a share next year. The market price of the share is R22.40 and the growth rate is 5%. What is the firm's cost of equity?
| 7.6% | |
| 7.9% | |
| 8.2% | |
| 8.6% |
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