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. Company A is expected to pay a dividend of $5 per share at the end of year 1(Div1), and the dividends are expected to

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. Company A is expected to pay a dividend of $5 per share at the end of year 1(Div1), and the dividends are expected to grow at a constant rate of 3 percent forever. If the current price of the stock is $20 per share, calculate the expected return or the cost of equity capital for the firm. (1 Point) 10 percent 28 percent 14 percent 20 percent 8 percent

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