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Company Z does not anticipate increasing dividends for the foreseeable future. If the company's most recent dividend payment was $3.25 a share and the most

Company Z does not anticipate increasing dividends for the foreseeable future. If the company's most recent dividend payment was $3.25 a share and the most recent stock price was $40 a share, what is the cost of common equity for Company Z? 8.125% 10.25% 12.525% 14.50%

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