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Find the Cost of Equity: The company has issued equity stock priced at $100 each for its 15,000 shares. the company is expected to give

Find the Cost of Equity: The company has issued equity stock priced at $100 each for its 15,000 shares. the company is expected to give $8 as dividend for each share next year and thereafter the company is expected to grow at the rate of 5% in the foreseeable future. What is its equity cost of capital Question 7 options: 17% 11% 15% 13% 

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