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Appalachian Mountain Goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively. The stock is currently
Appalachian Mountain Goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively. The stock is currently selling for $12.50 a share. What is the cost of equity for this firm?
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