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(Cost of common equity Faton Corporation is issuing new common stock at a market price of $2.762 Dividends last year were 51 25 and are

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(Cost of common equity Faton Corporation is issuing new common stock at a market price of $2.762 Dividends last year were 51 25 and are expected to grow at an annual rate of 6 8 percent forever What is Flor's cost of common equity capital? The company's cost of common equity is Is (Round to two decimal places)

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