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Cost of common equity) The common stock for the Beshold Corporation sells for $58.92 a share. Last year the firm paid a 54 07 dividend,

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Cost of common equity) The common stock for the Beshold Corporation sells for $58.92 a share. Last year the firm paid a 54 07 dividend, which is expected to continue to grow 3.4 percent per shold's tax rate is 34 percent, what is the fien's cost of common equily? he firm's cost of common equily capital in % (Round to two decimal place)

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