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D Question 11 1 pts Nike just issued a dividend of $2.51 per share on its common stock. The company is expected to maintain a
D Question 11 1 pts Nike just issued a dividend of $2.51 per share on its common stock. The company is expected to maintain a constant 5 percent growth rate in its dividends indefinitely. If the stock sells for $55 a share, what is the company's cost of equity? (Do not round your intermediate calculations.) 9.79% 9.3% 10.28% 9.56% 4.88%
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