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Bouchard Company's stock sells for $25 per share, its last dividend (DU) was $1.0 and its growth rate is a constant 5 percent. What is

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Bouchard Company's stock sells for $25 per share, its last dividend (DU) was $1.0 and its growth rate is a constant 5 percent. What is its cost of common stock, rs ? Express your answer in percentage (without the \% sign) and round it to two decima places. (i.e.,12.54for0.1254)

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