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ABC Ine paid a Dividend of $2.00 per share in the current year. The Dividend is expected to grow at 5% for foreseeable future. The

ABC Ine paid a Dividend of $2.00 per share in the current year. The Dividend is expected to grow at 5% for foreseeable future. The price of ABC stock is $42. What is the cost of Retained carnings for ABC stock? Answer is %

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