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Countess Corp. is expected to pay an annual dividend of $4.93 on its common stock in one year. The current stock price is $76.71 per

Countess Corp. is expected to pay an annual dividend of $4.93 on its common stock in one year. The current stock price is $76.71 per share. The company announced that it will increase its dividend by 3.70 percent annually. What is the company's cost of equity? Multiple Choice 10.13% 10.74% 10.36% O 9.85% 9.56%

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