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Best Co. is expected to pay $1.25/share in dividends next year. Its payout ratio is expected to be 40% and its ROE 10%. According to

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Best Co. is expected to pay $1.25/share in dividends next year. Its payout ratio is expected to be 40% and its ROE 10%. According to the dividend growth model, what is Best Co.'s cost of equity (r)? Ors 8.00% O 8.00%

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