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Aston Corporation has a current stock price of $60. Next year's dividend is projected to be $6.00. The payout ratio is 20% and projected ROE

Aston Corporation has a current stock price of $60. Next year's dividend is projected to be $6.00. The payout ratio is 20% and projected ROE is 10%. The cost of equity is Select one: a. 16% b.18% C. 20% d. None of the above

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