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An all-equity firm produced a dividend flow of $30,000 last year. The market value of the firm is $425,000 and the dividend is expected to

An all-equity firm produced a dividend flow of $30,000 last year. The market value of the firm is $425,000 and the dividend is expected to increas m2% each year. What is the cost of equity capital for this firm? O A 8.95% B. 8.17% C. 9.34% OD 7.78%

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