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Countess Corp. is expected to pay an annual dividend of $ 4 . 6 3 on its common stock in one year. The current stock

Countess Corp. is expected to pay an annual dividend of $4.63 on
its common stock in one year. The current stock price is $74.11 per
share. The company announced that it will increase its dividend by
3.75 percent annually. What is the company's cost of equity?Multiple Choice10.60%9.72%10.23%10.00%9.44%

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