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Bouchard Company's stock sells for $22 per share, its last dividend (DO) was $1.00, and its growth rate is a constant 6 percent. What is

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Bouchard Company's stock sells for $22 per share, its last dividend (DO) was $1.00, and its growth rate is a constant 6 percent. What is its cosi. of common stock, rs ? Express your answer in percentage (without the % sign) and round it to two decimal places. (i.e., 12.54 for 0.1254 ) Your

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