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Calculate the cost of equity for Biogel Laboratories if its current EPS is $3.5 and the company pays out 30% of its earnings as dividends.
Calculate the cost of equity for Biogel Laboratories if its current EPS is $3.5 and the company pays out 30% of its earnings as dividends. The stock is currently priced at $27.75 per share. (Assume that the EPS of the company was $2.75 five years ago).
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