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Assume that the current dividend and its growth rate of the company is $1.55 and 3.5%, respectively. If the current stock price of the company

Assume that the current dividend and its growth rate of the company is $1.55 and 3.5%, respectively. If the current stock price of the company is $15, what is the cost of equity for the company? * You need to show your calculation in your exam worksheet! 15.1% 13.83% 14.2% 12.93%

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