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Calculate cost of equity Current price of Gradcom Corp., P 0 30.00 Anticipated next-year dividend, Div 1 1.20 Dividend growth rate, g 4% Cost of

*Calculate cost of equity*
Current price of Gradcom Corp., P₀	30.00
Anticipated next-year dividend, Div₁	1.20
Dividend growth rate, g	4%

Cost of equity, r_E

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