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Countess Corp.just paid an annual dividend of $2.29 on its common stock today. The stock price is $38.20 per share. The company announced that it

Countess Corp.just paid an annual dividend of $2.29 on its common stock today. The stock price is $38.20 per share. The company announced that it will increase its divdiend by 3.10 percent annually. What is the company's cost of equity? Multiple Choice 8.84% 9.65% 8.59% 9.09%

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