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Aston corportion has a current stock price of $60. Next years divdends is projected to be $6.00. the payment ratio is 20% and projected ROE

Aston corportion has a current stock price of $60. Next years divdends is projected to be $6.00. the payment ratio is 20% and projected ROE is 10%. the cost of equity is ?

A. 16%

B. 18 %

C 20%

d none of the above

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