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Assume that A limited paid a dividend of25.5 cents per share just recently. The shares currently sell for $10.1. You also estimate that the dividend
Assume that A limited paid a dividend of25.5 cents per share just recently. The shares currently sell for $10.1. You also estimate that the dividend will grow steadily at 2.3 % per year into the indefinite future. What is the cost of capital, kefor A limited? Answer as a percentage accurate to two decimal places (11.32% should be entered as 11.32).
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