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elephant company just paid a $2.5 annual dividend. the dividend is supposed to grow 10% each year. if the stock price of elephant company is
elephant company just paid a $2.5 annual dividend. the dividend is supposed to grow 10% each year. if the stock price of elephant company is currently $55, the cost of equity for the company would be ____ 15%. A) larger than B) Smaller than C) Sometimes larger than but sometimes smaller than D) Equal to
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