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Countess Corp. is expected to pay an annual dividend of $4.57 on its common stock in one year. The current stock price is $73.59 per
Countess Corp. is expected to pay an annual dividend of $4.57 on its common stock in one year. The current stock price is $73.59 per share. The company announced that it will increase its dividend by 3.70 percent annually. What is the company's cost of equity?
10.51%
9.36%
9.63%
10.14%
9.91%
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