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Arson Corporation has a current stock price of $20. Next year's dividend is projected to be $4.00. The payout ratio is 20% and projected ROE

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Arson Corporation has a current stock price of $20. Next year's dividend is projected to be $4.00. The payout ratio is 20% and projected ROE is 10%. The cost of equity is Select one: O a. 25% O b. 28% OC. 3096 O d. None of the above

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