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estion 5 Loyd & Associates' common stock currently trades at S70 a share. It is expected to pay an annual dividend of $3.85 a share

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estion 5 Loyd & Associates' common stock currently trades at S70 a share. It is expected to pay an annual dividend of $3.85 a share at the end of the constant growth rate is 7.0 percent a year. What is the company's cost of common equity if all of its equity comes from retained earnings? a. 12.50% b.12.89% Oc.16.25% d. 5.50 0.5.89% A Moving to another question will save this response. O lije

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