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Assume a firm is expected to pay a dividend of P5.00per share this year the firm along with dividends is expected to grow at a

Assume a firm is expected to pay a dividend of P5.00per share this year the firm along with dividends is expected to grow at a rate of 6%. If the current market price of the stock is P60 per share. What is the estimated cost of equity?

a.)8.3%

b.)14.3%

c.)12.0%

d.)6.0%

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